VOL. XXXII

NO. 8

28-NOVEMBER-1988

Financial and Banking News

AID FLOWS

AFESD Finances Joint Electricity Project in North and South Yemen

The Arab Fund for Economic and Social Development (AFESD) signed a loanagreement last month with North and South Yemen worth KD18mn ($65mn) for anelectricity link between the two countries. Of this total, KD8mn will beallocated for the project's installations in the north and KD10mn in the south.The project consists of one 132KV high tension parallel line, several...