Financial and Banking News
AID FLOWS
IBRD and IDA Provide $416mn to Five Arab Countries
The World Bank and its soft-loan affiliate, the International Development Agency, have agreed to extend grants and loans worth $415.7mn to five Arab states, as follows:
Country Purpose Amount ($mn) Algeria Part-financing of a project to provide 262.00 water supply services in metropolitan Oran and Constantine Egypt Vocational training project for skilled 19.3 workers in the electrical power...
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