VOL. XXXI

NO. 5

9-NOVEMBER-1987

Financial and Banking

AID FLOWS

SFD Lends India $38mn

The Saudi Fund for Development (SFD) has agreed to lend India $37.65mn tohelp finance the construction of Navahashina port, according to an agreementsigned on 2 November. The loan is repayable in 20 years, including a five-yeargrace period.