VOL. XXXII

NO. 35

5-JUNE-1989

Financial and Banking News

AID FLOWS

Jordan Receives $120mn in Arab Aid, Says IMF Official

Jordan has received $120mn in Arab aid to help it overcome its currenteconomic crisis, according to Dr. A. Shakour Shaalan, head of the Middle EastDepartment of the International Monetary Fund (IMF). In an interview with theLondon daily al-Sharq al-Awsat, Dr. Shaalan said that Kuwait has paid $40mn incash and $40mn in oil assistance, while Oman has contributed $20mn and Iraq has...