VOL. XXXI
NO. 18
8-FEBRUARY-1988
Financial and Banking News
AID FLOWS
IBRD Lends Jordan $31mn to Expand Phosphate Production
The World Bank has agreed to lend Jordan $31mn to help expand a newphosphate mine at Shidiya, 120 kms. north of the port of 'Aqaba. The JordanPhosphate Mines Company will finance the remaining $58mn of the project costthrough an export credit.
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