VOL. XXXII

NO. 6

14-NOVEMBER-1988

Financial and Banking News

AID FLOWS

AMF Lends Mauritania $9mn

The Arab Monetary Fund has agreed to lend Mauritania AAD2.19mn ($9mn) tosupport its balance of payments, according to an agreement signed on 3 November. The loan is repayable in three years at an interest rate ranging between3.75% and 4.75%.