Financial and Banking New


IBRD Lends Oman $23mn for Telephone Project 

The World Bank has agreed to lend $23mn to Oman to support the country's telecommunications development program for 1985-90, according to a statement issued on 18 April. The project is estimated to cost $227.8mn and aims to provide a balanced and integrated development of telecommunications services in the country. The General Telecommunications Organization (GTO), the implementing agency for the...