VOL. XLVI

No 23

9-June-2003

IRAN

AID

World Bank Approves $180Mn Loan For Earthquake Recovery In Iran

The World Bank on 3 June approved a $180mn loan to support Iran in relieving social and economic hardships caused by two devastating earthquakes in 2002. The Earthquake Emergency Recovery Project will finance the reconstruction of housing, schools and health clinics, as well as public infrastructure such as water and drainage networks, phone, power, road and electric systems in four northwestern...