VOL. XXXIV
NO. 40
8-JULY-1991
Financial and Banking News
Budgets & Revenues
EC to Make Loan to Algeria
EC leaders agreed at the end of June to extend a loan to Algeria. The decision was announced on 1July, after a two-day summit held in Luxembourg. The size and terms of the loanwill be agreed at the next summit meeting. President Mitterand of France putthe proposal on the meeting's agenda. In recent weeks Algeria has received astandby facility from the IMF and a structural adjustment loan from...
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