Financial and Banking News

AID FLOWS

Arab Aid Totals $617mn in 4th Quarter of 1984 

In the fourth quarter of 1984, six Arab aid agencies (IDB, OFID, SFD, AFESD, KFAED and BADEA) concluded 71 financing operations worth $616.6mn with 41 developing countries and international institutions, according to the Coordination Secretariat at the Arab Fund for Economic and Social Development. Of this total, $354.25mn went to finance infrastructural, agricultural and industrial projects, $253mn...