VOL. XXXI
NO. 42
25-JULY-1988
Financial and Banking News
AID FLOWS
IBRD aside Algeria $211mn
The World Bank has agreed to extend three loans to Algeria totaling $211mn,according to an announcement issued on 30 June. The first loan, for $143mn, willrehabilitate 370 kms. Of track on some of the country's main railroad lines,while the second, for $54mn, will aid vocational education programs. A third$14mn loan will help the country formulate a long-term irrigation policy. Theloans are repayable in 15...
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