VOL. XXXII

NO. 38

26-JUNE-1989

Financial and Banking News

AID FLOWS

New Arab Aid Agency Planned

A Kuwaiti initiative floated at the 10th session of the Organization ofAfrican Unity Standing Committee on Afro-Arab Cooperation in Kuwait last weekwill result in the establishment of a new Arab-funded aid agency geared towardsAfrican countries. At the meeting, which brought together foreign ministers from24 countries, African delegations complained that the Arab aid promised toAfrica has not lived up to...