VOL. XXXVII

NO. 12

20-DECEMBER-1993

Financial and Banking News

Debt Flows

On the Whole, the Debt Picture Is Healthy

The debt position of the MENA region continues to be characterized byconsiderable differences between individual countries, but it is fair to saythat the region as a whole is facing fewer debt-related problems now than it hasdone in recent years. Egypt is feeling the benefit of debt reduction from theParis Club and is still experiencing large inflows of capital from abroad.Jordan has...