VOL. XXX

NO. 23

16-MARCH-1987

Financial and Banking News

AID FLOWS

US and France Increase Aid to Morocco

The US has agreed to provide an additional $25mn in aid to Morocco this year,according to Mr. James Baker, the US Treasury Secretary, who was in Rabatrecently representing Washington at celebrations of the 26th anniversary ofKing's Hassan accession to the throne. US aid to Morocco for FY 1987 wasoriginally scheduled to total $131mn, including $35mn in military aid,compared with $120mn last...