VOL. XXX

NO. 16

26-JANUARY-1987

Financial and Banking News

AID FLOWS

IFAD Lends Morocco $8mn

The International Fund for Agricultural Development (IFAD) is to lend Morocco$8mn, according to an agreement signed on 12 January. The aid package will helpsmall farmers in the Abda plains area to increase their crop and livestockproduction through a $42mn project involving improved research, supportservices, and the provision of credits to farmers. The loan has a 20-yearmaturity and carries an annual...