NO. 40

4 JULY 1994

Financial and Banking News

Regional Debt

US May Forgive Jordan's Official Of $951Mn Debt

According to the Jordanian Minister of Information, Mr. Jawad al-'Anani, theUS Government has promised Jordan to seriously consider the possibility offorgiving some $951mn of Jordanian official debt owed to the US. The minister,who accompanied King Husain on his recent visit to the US, revealed that the USGovernment had also promised to help Jordan reschedule its debt at the...