VOL. XXXI

NO. 5

9-NOVEMBER-1987

Financial and Banking

AID FLOWS

EC Lends North Yemen and Tunisia

The European Community has agreed to lend North Yemen ECU7.5mn ($9mn) for theconstruction of a road in al-Mahwit province in the northwestern part of thecountry. The European Investment Bank (EIB), the lending authority of the EC,has also agreed to lend Tunisia $2mn to help promote investments in small-scaleindustrial and agricultural industries geared to the domestic market. Theloan, to be provided to...