VOL. XLV

No 10

11-March-2002

PALESTINE

IDA Provides$20Mn To Palestine For Emergency Services

The World Bank Groupannounced on 28 February that it had approved a $20mn credit from theInternational Development Association (IDA) to finance emergency services inthe West Bankand Gaza.According to an official statement, the finance will carry a tenor of 40 yearsand a grace period of 10 years. The IDA is the highly concessionallending arm of the World Bank Group, providing long-term loans at zero...