No. 11

11 December 1995


Kuwaiti Creditor Response To 6 December Deadline Was Good

Arab newspapers report that the response from creditors to the 6 December settlement date for the first tranche of funds due under the fast track of the revised difficult credits settlement scheme has been good. Asharq al-Awsat of 7 December quotes banking sources in the emirate as saying that they were happy with the response and that first estimates indicate that about 70% of the...