VOL. XXXII
NO.34
29-MAY-1989
Financial and Banking News
AID FLOWS
OFID Lends $10mn to Three States
The OPEC Fund for International Development (OFID) has agreed to lend a totalof $9.7mn to three countries and to grant $150,000 to two others as shown below.The loans are for 17 years with five years' grace, and carry a 1% servicecharge.
Recipient Amount Interest Purpose Mauritania $1mn 2.5% Pastoral water supply project Pakistan $8mn 2.25% Small scale industrial projects Western Samoa $700,000 3.0%...
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