VOL. XXXI

NO. 19

15-FEBRUARY-1988

Financial and Banking News

AID FLOWS

IDB Approves $106.68mn in Loans and Grants

The Board of Executive Directors of the Islamic Development Bank (IDB) lastweek approved $106.68mn in development aid, foreign trade financing andtechnical assistance, as follows:

- Development projects ($26.29mn): $4.10mn for an agricultural scheme inSudan; $2.19mn for a textile factory in Uganda; $14.20mn for a charitycommercial center in Saudi Arabia; $0.80mn for equity capital in an...