NO. 25


Financial and Banking News

Recent Aid Agreements

The following loans and grants were approved or signed by Arab aid agenciesand recipients recently:

Donor Recipient Amount Purpose (mn)AFESD North Yemen KD5.60 25-yr loan, 5 yrs grace at 3% for agricultural project.AFESD North Yemen KD3.00 25-yr loan, 8 yrs grace at 3% for road project in Hejja province.EC Jordan ECU1.00 Grant for geological survey.IFC Morocco $19.00 Loan for private sector hotel and tourism...