Financial and Banking News


Half the Loans of Arab Aid Agencies Committed to Arab World 

Figures recently released by the Co-ordination Secretariat of the Arab Fund for Economic and Social Development (AFESD) indicate that of the $20.4bn committed by Arab national and regional aid agencies up to the end of 1984, $10.4bn (51.2%) went to Arab countries. Within this group, the major recipients were Jordan ($1.3bn), Morocco, Tunisia and North Yemen ($1.1bn apiece). The figures...