VOL. XXXVI

NO. 19

8-FEBRUARY-1993

Financial and Banking News

REGIONAL FINANCING

World Bank Gives Assistance to Kuwait, Lebanon and Morocco

Kuwait is expected to ask the World Bank to prepare a study on privatizingits state-owned utilities and companies. The two sides are still discussingterms of reference, but it is expected that the World Bank will address the fulleconomic implications of privatization, particularly as it will affectgovernment subsidies and employment. Terms will be agreed with...