VOL. XXXII

NO. 18

6-FEBRUARY-1989

Financial and Banking News

BUDGETS AND REVENUES

Mid-East Foreign Debt Up 10% to $186bn in 1987

The foreign debt of 18 Arab countries plus Iran has increased in aggregateby 9.6% to reach a total of $186.4bn at the end of 1987, according to statisticscompiled by the Organization for Economic Cooperation and Development (OECD) inParis. The figures, published last month as "OECD External Debt Statistics:The Debt and Other External Liabilities of Developing, CMEA and...