NO. 16


Financial and Banking News

Aid Flows

Recent Aid Agreements

The following loans and grants have been approved or signed by predominantlyArab aid agencies and Arab recipients recently:

Donor Recipient Amount Purpose (mn)AMF Algeria $163.80 Loan to finance economic reforms, with 5-yr drawdown period.AMF Egypt $26.20 34-yr loan, 18 mos. grace, 5.75% for balance of payments support.AMF Mauretania $37.00 Loan for balance of payments support.Australia Egypt A$11.80...