VOL. XXII

NO. 10

12-DECEMBER-1988

Financial and Banking News

AID FLOWS

EEC Aids Three Arab Countries

The European Community has extended aid worth ECU42mn ($49-9mn) to three Arabcountries, as follows: ECU 34mn ($40mn) to Sudan to help repair damage fromfloods three months ago; ECU3mn ($3.6mn) worth of cereals to help Egypt'sbalance of payments, as well as ECU4mn ($4.6mn) for the construction ofagricultural silos; and ECU1mn ($1.2mn) in the form of educational grants forJordanian students at...