Financial and Banking News
AID FLOWS
IDB Approves $43.6mn in Loans to Seven Countries
The Board of the Islamic Development Bank (IDB) on 12 December approved loans totaling $43.57mn to finance trade operations, development projects, equity financing and feasibility studies in member countries as follows ($mn):
Country Purpose Amount Jordan Imports of crude oil 20.00 Tunisia Imports of cotton 4.00 Syria Imports of jute bags from Bangladesh 12.00 Mauritania Purchase of fishing boats...
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