VOL. XXXI

NO. 22

7-MARCH-1988

Financial and Banking News

AID FLOWS

France Lends North Yemen $25mn

France has agreed to lend North Yemen FF145mn ($25mn) to establish a centralelectricity control system and expand its communications network. The loan isrepayable in 25 years, including a 10-year grace period, and carries an annualinterest rate of 3.75%.