South Africa: Debt Rescheduling and Potential for Financial Sanctions
NSIAD-90-109BR
Published: Feb 16, 1990. Publicly Released: Mar 20, 1990.
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Highlights
Pursuant to a congressional request, GAO analyzed South Africa's financial situation and U.S. options for imposing further financial sanctions against South Africa, focusing on: (1) South Africa's foreign debt and its loan rescheduling arrangements; and (2) the feasibility of excluding South Africa from international funds transfer systems.
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Topics
Banking regulationEconomic analysisElectronic funds transferForeign governmentsForeign loansInternational economic relationsInternational organizationsLending institutionsLoan repaymentsSanctions