VOL XXXI

NO. 6

16-NOVEMBER-1987

Financial and Banking News

AID FLOWS

EC Provides $288mn in Soft Loans to Algeria

The European Community signed a financial protocol with Algeria on 26 Octoberfor a period of five years as from 1987, according to the Algerian Press Service(APS). The sum pledged is to the tune of ECU239mn ($288mn) which is allocatedeither in the form of loans by the European Investment Bank to the value ofECU 183mn and sectional project loans worth ECU56mn, of which ECU4mn will beused...