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West Germany Provides $45mn in Aid to Morocco

Published on Mon, 24 Nov 1986 - Volume: 30 Issue: 07

VOL. XXX

NO. 7

24-NOVEMBER-1986

Financial and Banking News

AID FLOWS

West Germany Provides $45mn in Aid to Morocco

West Germany has agreed to provide loans and credit guarantees worth DM9Omn($45mn) to the Moroccan national agricultural loan fund, in accordance with anagreement signed on 21 October. The loan is repayable over 30 years, including a10-year grace period, and carries an annual interest rate of 5%.

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