Middle East Economic Survey
VOL. LII
No 7
16-Feb-2009
syria
AFESD Signs Three Loan Agreements With Syria Totaling $257Mn
The Kuwait-based Arab Fund for Economic and Social Development (AFESD) will lend Syria a total of KD71mn ($257.4mn) under three agreements signed on 11 February. The first for KD10mn ($36.3mn) will be used to finance the third phase of the Arab Gas Pipeline (AGP), the second for KD45mn ($163.1mn) will partly finance the expansion of the Dair 'Ali power generation...
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