Financial and Banking News
LOANS AND ISSUES
France, Japan and World Bank Lend to Algeria
France is to provide Algeria with a total of FF7bn ($1.13bn) under the termsof a protocol which was initialed on 8 January. The protocol, which is relatedto the negotiations between France and Algeria over gas sales (see story in Asection) comprises FF4bn in soft loans and FF3bn as a line of credit. The softloans are to be made available to Algeria in two tranches of FF2bn each...