VOL. XXXII

NO. 42

24-JULY-1989

Financial and Banking News

BUDGETS AND REVENUES

Jordan Opens Talks with Paris Club

The approval on 14 July by the International Monetary Fund (IMF) of a standbycredit of SDR76.66mn ($97mn) for Jordan over the next year and a half has openedthe way for the talks which began last week in Paris between the JordanianGovernment and the Paris Club of official creditors on the rescheduling ofJordanian debt. SDR16.66mn of this credit can be drawn at once to compensate fora...