VOL. XXVIII
NO. 22
11-MARCH-1985
Financial and Banking News
AID FLOWS
IDB Lends $11mn to Turkey and South Yemen
The Islamic Development Bank (IDB) has agreed to lend $11mn to Turkey andSouth Yemen, according to two agreements signed last week. The Turkish firmOrtadogu Rulman Sanayi ve Ticaret will receive $9mn to help finance the purchaseand leasing of machinery, while $2mn will be provided to South Yemen to financethe second phase of construction of a marine science center.
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