VOL. XXXI

NO. 29

25-APRIL-1988

Financial and Banking News

AID FLOWS

Egypt Readmitted to Arab Funds

The Governors of three Arab aid agencies (the Arab Fund for Economic andSocial Development - AFESD, the Arab Monetary Fund - AMF, and the Arab Bank forEconomic Development in Africa - BADEA) met in Muscat, Oman during the firstweek of April and decided to cancel a 1978 decision freezing Egypt's membershipin their organizations. The vote was passed despite reservations expressed bySyria, Libya, Algeria...