VOL XL

No. 02

13-January-1997

KUWAIT

Mixed Response To Difficult Credit SettlementProgram

About 75% of those customers who had requested adelay on payments due under the terms of the fast track of Kuwait's Difficult CreditSettlement Scheme which passed on 6 January, paid up, according to the Arabic daily al-Watan.The newspaper said that, in terms of the total due in the second tranche, around 1,143creditors, representing 51% of those due to pay, had settled in full while roughly 43%,owing a total...