VOL. XXXII

NO. 46

21-AUGUST-1989

Financial and Banking News

AID FLOWS

AMF and SFD Lend Morocco $81.5mn

Morocco is to receive two loans totalling $81.5mn - $64mn from the ArabMonetary Fund (AMF) for balance of payments support repayable in four years withinterest at 5.75% and $17.5mn from the Saudi Fund for Development (SFD) tofinance an irrigation project in the northern part of the country.