VOL. XXXII
NO. 24
20-MARCH-1989
Financial and Banking News
AID FLOWS
West Germany Grants $189mn to Egypt and Morocco
West Germany has agreed to provide a grant of DM268mn ($144mn) to Egypt in1989, according to its Minister for Economic Cooperation, Mr. Hans Klein. Thefunds will be used to finance water treatment plants, agricultural, industrialand construction projects, and an engineering training scheme. West Germany hasprovided a total of DM5bn ($2.7bn) worth of development assistance to Egypt...
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