Financial and Banking News
AID FLOWS
IBRD and IDA Lend $45mn to Jordan and Sudan
The World Bank has provided a $15mn line of credit to the Jordanian Cities and Villages Development Bank (CVDS) to be re-lent for infrastructural projects in the country's outer regions. Other financing will be provided by CVDS ($18.2mn) and the Government of Jordan ($'300,000). The World Bank's soft loan affiliate, the International Development Association (IDA), has provided an SDR30.3mn...
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