VOL. XXXVI

NO. 5

2-NOVEMBER-1992

Financial and Banking News

REGIONAL FINANCING

Arab Monetary Fund Details Increasing Arrears from Some Member States

The problem of debt arrears continued to plague the operations of the ArabMonetary Fund (AMF) during 1991, the Fund's Annual Report for 1991 shows.Arrears from member states totaled 135.6mn Arab Accounting Dinars (AAD ö$596.6mn) at the end of 1991, compared to AAD104mn ($457.6mn) a year earlier.Arrears at the end of 1991 represented 42.6% of total...