VOL. XXXII

NO. 24

20-MARCH-1989

Financial and Banking News

AID FLOWS

US Gives Jordan Sorghum Worth $27mn

The United States Agency for International Development (USAID) is to give$27mn worth of surplus sorghum grain to Jordan to be used as animal feed. TheJordanian Government will sell the 236,000 tons of yellow sorghum at about$120/ton, as a substitute for higher priced corn imports. The proceeds of thesale will be used to finance development projects. Excluding the sorghum deal,total US aid to...