VOL. XXXIV

NO. 12/13

24/31-DECEMBER-1990

Financial and Banking News

Aid Flows

Recent Aid Agreements

The following loans and grants were announced last week to Jordan and Egypt,two of the countries which have suffered from the trade embargo against Iraq:

Recipient Donor Amount Purpose

Jordan Japan $83mn 25-year loan, 7 years' grace, at 2.9% to offset adverse effects of Gulf crisis. Jordan France $20mn Grant for balance of payments support. Egypt Canada C$15mn Grant for small and medium-sized...