VOL. XXXIX
No. 43
22-July-1996
ALGERIA
Algeria Completes Rescheduling With London Club
Algeria has completed the negotiation of debt rescheduling with its London Club creditors. Following the rescheduling agreement in respect of $2.1bn of debt with the London Club earlier this month (MEES, 1 July), the official Algerian news agency announced on 17 July that Algeria had renegotiated with 200 commercial banks the terms of a further $1bn in respect of "leasing companies." According to the...
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