VOL. XXXI
NO. 5
9-NOVEMBER-1987
Financial and Banking
AID FLOWS
EC to Extend $520 in Aid to Egypt During Next Five Years
The European Community has agreed to extend ECU 449mn ($520mn) in aid toEgypt during the next five years. Of this sum, $230mn will be in the form ofgrants and $290mn in soft loans to be provided by the European Investment Bank.
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