VOL. XXXI
NO. 23
14-MARCH-1988
Financial and Banking News
AID FLOWS
USAID Allocates $977mn in Economic Aid to Arab States in FY1988
The US Agency for International Development (USAID) has announced that itis allocating $976.83mn (exclusive of the PL480 program, which is not completedyet) in economic assistance to 10 Arab countries during FY1988, which beginsnext October. The overwhelming part of this aid is alloted to Egypt ($815mn),which will also receive $1.3bn in foreign military sales credits....
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