VOL. XXXII

NO. 17

30-JANUARY-1989

Financial and Banking News

AID FLOWS

North Yemen Gets Chinese, Japanese Aid

China has agreed to lend $40.32mn on a long-term and interest-free basis toNorth Yemen to finance the construction of a 127-km. road from Highana toMarib. North Yemen is also to receive a grant worth $3.2mn from Japan to financeagricultural development projects in the Tihama and northern areas of thecountry.