VOL. XL
No. 36
8-September-1997
SYRIA
Syria Starts Repayment Of World Bank Loan
The Syrian Finance Minister, Mr. Khalid Mahaini, said last week that his country hasbegun payment of its outstanding debt of $526.5mn to the World Bank. A lump-sum payment of$269.5mn was transferred to the World Bank on 1 September and the balance, whichrepresents debt servicing, will be repaid in monthly installments of $6.1mn. The Ministersaid that the agreement to settle Syria's arrears to the World Bank was...
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