VOL. XXXI
NO. 3
26-OCTOBER-1987
Financial and Banking News
AID FLOWS
Japan Aids North Yemen's Oil Sector
Japan has agreed to extend 11.53bn ($80mn) to help finance North Yemen'soil sector, according to a Foreign Ministry statement issued in Tokyo on 6October. The loan is to be repaid over 30 years, including a 10-year graceperiod, and carries an annual interest rate of 1.5%.
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