VOL. XLI

No. 41

12-October-1998

MOROCCO

France Offers FF4.2Bn In Moroccan Debt Relief

Following an official visit to France by Moroccan Prime Minister 'Abdal-Rahman al-Yusifi, French Prime Minister Lionel Jospin announced on 2 October thatFrance would offer financial assistance to help ease Moroccos debt problem to thetune of FF4.2bn ($750mn). Mr. Jospin explained that FF2bn ($357mn) worth of debt would berelieved through refinancing, a minimum of FF700mn ($125mn) worth of previously agreedupon...