VOL. XXX
NO. 15
19-JANUARY-1987
Financial and Banking News
BUDGETS AND REVENUES
Arab Debt Increasing, Maturities Lengthening
The foreign bank debt of Arab countries continued to increase during thefirst half of 1986, according to figures recently published by the Basle-basedBank for International Settlements (BIS). The trend was reversed in the case ofa few oil-producing and exporting countries, where the general downturn of tradeand short-term interbank lending have conspired to reduce the total...
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