VOL. XXXII
NO. 14
9-JANUARY-1989
Financial and Banking News
AID FLOWS
AMF Lends $254mn to Iraq, Algeria and Syria
The Arab Monetary Fund agreed last month to extend $254mn to three Arabcountries to offset the deficit in their balance of payments, as follows: $113mnto Algeria at an annual interest rate of 3.75-4.75% and repayable in threeyears; $29mn to Syria at an annual interest rate ranging between 5.2-6.4% andrepayable in 10 years; and $112mn to Iraq.
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!