VOL. XXXVIII

NO. 31

1-MAY-1995

Financial and Banking News

Public Finance

Kuwait Central Bank Governor Warns Of Problems For Debt Settlement

The Governor of the Central Bank of Kuwait, Shaikh Salim 'Abd al-'Aziz al-Sabah,haswarned that the implementation of Law 41 of 1993 for the settlement of thelong-standing debt problem of more than $20bn by the 7 September 1995 deadlinestipulated in the law could run into economic and social difficulties. Speakinglast week at a meeting called by the Chamber of...