VOL. XXXII

NO. 6

14-NOVEMBER-1988

Financial and Banking News

AID FLOWS

EC Gives Algeria $12.4mn in Food Supplies

The European Community Commission announced that it will provide $12.4mn infood supplies to Algeria to help offset a severe drought that has hit thisyear's harvest. The EC will supply 15,000 tons of cereals, 750 tons of milkpowder, 500 tons of butter oil, 1,200 tons of olive oil, 800 tons of sugar, andsome 1,800 tons of pulses.