VOL. XXXI

NO. 30

2-MAY-1988

Financial and Banking News

AID FLOWS

KFAED Lends Senegal $11.9mn

The Kuwait Fund for Arab Economic Development (KFAED) has agreed to extendtwo loans to Senegal worth KD3.25mn ($11.87mn) to finance drinking waterprojects in rural areas, according to agreements signed on 11 April.