VOL. XXXVIII
NO. 31
1-MAY-1995
Financial and Banking News
Public Finance
Algeria Signs $500Mn Rescheduling Agreement With Saudi Arabia
The Central Bank of Algeria on 17 April signed an agreement with the SaudiArabian Monetary Agency (SAMA) to reschedule $500mn worth of debt owed to SAMA.The agreement was signed by the SAMA Governor, Mr. Hamad al-Sayyari, and theDeputy-Governor of the Central Bank of Algeria, Mr. 'Abd al-Qadir Bilgharbi.Last June Algeria signed bilateral accords with 17 governments...
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