VOL. XXXV

NO. 6

11-NOVEMBER-1991

Financial and Banking News

Loans & Issues

US Stands to Make $800mn Profit from Gulf War Contributions

The US Government Accounting Office (GAO) has informed Congress that theUnited States stands to receive $800mn more than it paid out as costs during theGulf war. A report sent to Rep. Les Aspin, the Chairman of the Armed ServicesCommittee in the House of Representatives, by the GAO said: "Foreigncommitments for cash contributions to help the US costs for the...