VOL. XXXI
NO. 30
2-MAY-1988
Financial and Banking News
AID FLOWS
IDB Approves $105mn in Loans and Grants; Lends $23mn
The Board of Directors of The Islamic Development Bank (IDB) on 19 Aprilapproved $105.74mn in loans and grants, as follows: $52.73mn for developmentprojects; $40mn for foreign trade operations; $1.30mn for technical assistance;and $11.71mn for grants.
The IDB also agreed on 24 April to lend Tunisia $3mn for imports of chemicalmaterials and Pakistan $20mn for imports of palm oil.
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