VOL. XXX
NOS. 11/12
22/29-DECEMBER-1986
Financial and Banking News
AID FLOWS
AFESD Lends Algeria $42.9mn
The Arab Fund for Economic and Social Development (AFESD) has agreed to lendAlgeria and Syria a total of $42.9mn according to two agreements signed lastweek. Algeria will receive $37.1mn to help finance the al-Sharfah dam in Seijal-Saghuiya, which will have a reservoir capacity of 83mn cu. ms. and isexpected to be operational by 1991. The loan is repayable in 18 years, includinga five-year...
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