VOL. XLVII

No 01

5-January-2004

AID

EIB Loans Algeria 230Mn For Earthquake Reconstruction

The European Investment Bank (EIB) has loaned Algeria 230mn to use for the reconstruction of public infrastructure and social housing in areas devastated by an earthquake in May 2003. The loan aims to enable rehabilitation of housing and all basic economic and social amenities, including the following fields: environment, transport, energy, health and education. Furthermore, to ensure economic recovery in the...