VOL XXXI

NO. 20

22-FEBRUARY-1988

Financial and Banking News

AID FLOWS

AFESD Lends $33.5mn to South Yemen and Mauritania

The Arab Fund for Economic and Social Development (AFESD) has agreed toextend four loans worth a total of $33.5mn to South Yemen and Mauritania,according to agreements signed on 10 February. South Yemen will receive $25.20mnto finance two projects, $19.8mn for a road and $5.4mn for the construction of afisheries institute. Mauritania will receive $4.7mn for the development of the...