VOL. XXXIV
NO. 21
25-FEBRUARY-1991
Financial and Banking News
Financial Transfers
Japan to Lend Syria $500mn
Japan is to extend a $500mn concession loan to Syria as part of its aid tocountries economically affected by the Gulf crisis. The loan will be used tofinance a thermal power plant north of Damascus. Two representatives of theJapanese Foreign Ministry are expected to arrive in Damascus at the beginning ofMarch during a tour of the Middle East which will include Saudi Arabia, Egypt,Algeria and...
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