VOL. XXXI

NO. 3

26-OCTOBER-1987

Financial and Banking News

AID FLOWS

US Authorizes $915 in Food Aid to Iraq

The US Department of Agriculture has authorized a total of $915mn in food aidto Iraq, according to a statement issued in Washington on 16 October. Iraq nowheads the list of US agriculture credit recipients, surpassing Mexico which hasbeen authorized $750mn in credit guarantees. The authorization to Iraq, whichis significantly higher than last year's $680mn, covers credit guarantees to beused...