VOL. XXXII

NO. 20

20-FEBRUARY-1989

Financial and Banking News

AID FLOWS

IDB Lends $28mn to Three Arab Countries

The Islamic Development Bank (IDB) is to lend $28mn to three Arab countriesas follows: $10mn to Morocco for imports of crude oil, $10mn to the EgyptianInvestment Bank, and $8mn to Algeria for petrochemical imports from SaudiArabia.