VOL. XXXII
NO. 46
21-AUGUST-1989
Financial and Banking News
AID FLOWS
IDB Lends $23.4mn to Three Member States
The Islamic Development Bank (IDB) has agreed to lend $23.439mn to threemember states, as follows: $13mn to Iraq for the financing of imports of copperbars and chemical materials from IDB member states; $5.25mn to Egypt for theimport of spare parts; and $5mn to Uganda for the import of petrochemicalproducts, as well as $189,000 for a feasibility study of a railroad project.
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