Financial and Banking News
AID FLOWS
IDB Lends $17mn to Three Member Countries
The Islamic Development Bank (IDB) is to provide loans worth $16.7mn to three member countries, according to agreements signed late last month. Indonesia will receive $7.4mn to help finance a fisheries project, while two loans worth $5.7mn and $3.6mn will be extended to Chad and Uganda respectively to finance rice projects.
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