Financial and Banking News

AID FLOWS

BRD/IDA Lend $60mn to Tunisia and North Yemen

The World Bank and its soft-loan affiliate, the International Development Agency (IDA)), have agreed to lend $60mn to Tunisia and North Yemen, according to announcements made last week. Three Tunisian financial institutions will receive a line of credit worth $50mn to fund export- oriented projects. The plan also includes financing for marketing and promotion studies to assist export-producing firms, and...