VOL. XXXI
NO. 18
8-FEBRUARY-1988
Financial and Banking News
AID FLOWS
UNDP Extends $10mn in Aid to Lebanon
The United Nations Development Program (UNDP) has agreed to extend about$10mn in aid to Lebanon over the next three to five years, according to Mr.William Draper, the UNDP Administrator. Mr. Draper said Lebanon's per capitaincome had dropped sharply to under $700 a year because of the 13-year old civilwar, and it had now fallen into the category of a "least developedcountry." The UNDP office...
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