VOL XXX
NO. 8
1-DECEMBER-1986
Financial andBanking News
AID FLOWS
AFESD Lends Jordan $5mn for Agricultural Project
The Arab Fund for Economic and Social Development (AFESD) will lend JordanKD1.5mn ($5mn) to part-finance the Ruwaishad agricultural and livestock projectunder an agreement signed on 23 November. The loan is repayable over 18 years,including a five-year grace period, and carries a 6% annual interest. Theproject, to be completed in 1990, is intended to complement the joint effort by...
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