VOL. XXXII
NO. 49
11-SEPTEMBER-1989
Financial and Banking News
AID FLOWS
OFID Approves $36mn in Loans and Grants
The Governing Board of the OPEC Fund for International Development (OFID) on29 August approved 11 loans totaling $35.82mn and a $150,000 technicalassistance grant as indicated below. All loans carry annual interest ratesvarying between 2% and 2.75% plus a 1% service charge. They are repayable ineither 10 or 17 years, with grace periods ranging from 3 to 5 years.
Country Amount Purpose...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!