Financial and Banking News
AID FLOWS
IDA Lends $8mn for North Yemen's Industrial Development
The International Development Association (IDA), the World Bank affiliate for concessionary lending, has approved a credit of SDR8mn ($8mn) for a project to provide technical and financial assistance to private industries in North Yemen, according to an announcement on 14 February. A line of credit will be used by the Industrial Bank of Yemen to finance up to ten industrial projects,...
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