VOL. XXXI

NO. 30

2-MAY-1988

Financial and Banking News

AID FLOWS

Japan Aids Tunisia and Muritania

Japan will lend Tunisia $54mn to help Finance the country's industry andtrade programs, according to a report by Kyodo news agency on 18 March. The loanis to be repaid over 25 years and carries an annual interest rate of 3.75%.Japan has also agreed to postpone until 1993 a $2.5mn loan repayment byMauritania which was due this year.