Liberation and reconstruction loan
Liberation and reconstruction loan (Arabic:قرض التحرير وإعادة الإعمار) is a $80 billion loan (22 billion K.D) provided by the Kuwait Investment Authority for the exile government of Kuwait in Taif in Saudi Arabia during the period of the Iraqi occupation of Kuwait in 1990. The Kuwaiti government did not repay the loan, but in September 2000, allowing financial surpluses that resulted from the rise in oil prices to enable the government to repay. By the year 2008, the Government of the State of Kuwait paid the full value of the loan.
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