VOL. XXXV
NO. 44
3-AUGUST-1992
Financial and Banking News
Budgets & Revenues
Algeria Receives EC Assistance for House Building Program
The European Community (EC) is to lend Algeria ECU80mn ($100mn) to finance agovernment house building program. Algeria is also negotiating with the WorldBank for a $250mn loan, most of which will be used to buy building materials. Atthe beginning of the year the government embarked on a five-year program whichwill involve the building of 60,000-90,000 houses...
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