VOL. XLVI

No 26

30-June-2003

ALGERIA

AID

EIB To Grant Algeria 250Mn Loan For Post-Earthquake Reconstruction

The European Investment Bank (EIB) is to grant Algeria 250mn to aid reconstruction efforts following the earthquakes which hit the country at the end of May. The loans, which have a maturity of up to 30 years, will be complemented by Commission-financed and EIB-managed technical assistance funds, said the EIB. Use of the funds will focus primarily on rebuilding social infrastructure and...