VOL XXXI
NO. 6
16-NOVEMBER-1987
Financial and Banking News
AID FLOWS
France Provides Egypt with $422mn in Loans and Grants
France has agreed to provide Egypt with FF2,458mn ($422mn) under a financialprotocol signed in Paris on 7 November, according to the Cairo-daily al-Ahram on8 November. The accord calls for a grant of FF100mn, credit facilities ofFF911mn, and soft loans of FT1,447mnb The funds are allocated for theextension of the Cairo subway system and the Abu Qir electric power plant, aswell...
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