VOL. XXXII
NO. 23
13-MARCH-1989
Financial and Banking News
LOANS AND ISSUES
Iraq Gets Turkish and British Credits, Wants Japanese Rescheduling
Turkey and Iraq last week agreed on terms for an increase in Turkish creditsto Iraq and the settlement of outstanding Iraqi debt to Turkey. The TurkishCentral Bank's credit ceiling for Iraq has been increased from $1bn to $1.3bnfor 1989 after being frozen in April 1988 as a result of Iraqi loan delinquency(MEES, 11 April 1988). According to the Turkish...
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