Financial and Banking News


Senior IMF Official Sees Debt Crisis Improving by 1990 

An Executive Director of the International Monetary Fund (IMF), Mr. Muhammad Finaish, has expressed cautious optimism about an improvement in the state of the world's debtor nations by 1990. Mr. Finaish was addressing the recent conference of the Union of Arab Banks which was held last month in Cyprus (MEES 29 July) and prefaced his remarks with a review of the steps which had been...