VOL. XXXVII
NO. 8
22-NOVEMBER-1993
Financial and Banking News
Regional Financing
Kuwait And France Sign $862Mn Credit Facility
Kuwait and France on 16 November signed a medium-term credit facility worthFF5bn ($862mn) to finance the purchase of French goods and services by theKuwaiti public sector. Under the terms of the accord, 85% of the cost of acontract will be eligible for financing. The facility was put together more thana year ago for the State of Kuwait through the Ministry of Finance, with...
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