Middle East Economic Survey
BUDGETS AND REVENUES
Jordan And Kuwait Seal Debt Agreement
Jordans Finance Minister Muhammad Abu Hammour on 4 August signed an agreement with his Kuwaiti counterpart, Mahmud Nuri, which settles the issue of Jordans $50mn debt to Kuwait. While the two ministers refused to give full details of the agreement, Mr Abu Hammour said that part of the debt will be rescheduled for repayment in 15 years, while the other part will be paid...
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