VOL. XXXII
NO. 21
27-FEBRUARY-1989
Financial and Banking News
AID FLOWS
BRD and Japan Fund Algerian Agricultural Credits
The World Bank and the Export Import Bank of Japan have agreed to lendAlgeria $110mn each towards an agricultural credit program aimed at increasinglocal food production and reducing dependence on imports. An IBRD statement lastweek said that Algeria currently imports 70% of its food, and although"recent economic reforms have improved farmers' incentives to increase food...
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