VOL. XXXII
NO. 17
30-JANUARY-1989
Financial and Banking News
AID FLOWS
EC Grants $47mn to Mauritania
The European Community (EC) agreed on 9 January to grant Mauritania anon-reimbursable subsidy of $44mn aimed at increasing the country'sself-sufficiency in food, as well as to lend ECU1.5mn ($2.87mn) to financecontinuing iron ore prospecting in the Zouerate area.
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