VOL. XXXII

NO. 20

20-FEBRUARY-1989

Financial and Banking News

AID FLOWS

EC Aids Four Arab Countries

The European Commission and the European Investment Bank last month agreed toprovide soft loans and technical assistance worth ECU164.9mn ($188.2mn) tofour Arab countries, as follows (all figures in ECUmn):

 Country Purpose Amount Morocco Meat and fishing industries 50.0 Water supply in rural areas 11.9 Tunisia Agricultural modernization 18.0 Railroad rehabilitation 17.0 Egypt Construction of second...