VOL. XLI
No. 30
27-July-1998
KUWAIT
Kuwait Debates The Amendment Of The Difficult Debts Law
The Kuwaiti Parliament has been involved in a heated debate since the parliamentaryFinance Committee approved on 20 July the amendment of the Difficult Debts Law 41 of 1993.The proposed amendments call for the deferral of the fourth and fifth installments of theDifficult Credit Facilities Settlements Program, due for payment on 6 September 1998 and1999 respectively. The amendments also propose that...
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