VOL. XXX

NO. 17

2-FEBRUARY-1987

Financial and Banking News

AID FLOWS

USAID Allocates $1.26bn In Aid to Arab States In FY 1987

The US Agency for International Development (USAID) has announced that it isallocating $1.26bn in economic aid to 11 Arab countries (as well as the WestBank and Gaza) during Fiscal Year 1987 as part of its $5.7bn economic assistancebudget for the year. Israel will receive $1.2bn. The economic programs includeDevelopment Assistance (DA) for social, health, agricultural,...