Financial And Banking News
AID FLOWS
IBRD/IDA Commit $1,016.8mn to Arab Countries in FY 1986
The International Bank for Reconstruction and Development (IBRD) and its affiliate the International development Association (IDA) have committed loans and credits totaling $1,016.8mn to Arab countries in FY 1986, compared to $1,108.3mn in FY 1985, a decline of 8.3%, according to the World Bank Annual Report for 1986. Morocco topped the list of recipients with $538mn, followed by...
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