VOL. XLV

No 33

19-August-2002

ALGERIA

World Bank Loans Algeria $89Mn For DisasterManagement

The World Bank has approved a loanof $89mn on standard terms to Algeria to boostthe countrys ability to respond to and manage situations of natural disastersand introduce long-term preventative measures. The capital Algiers is proneto flash flooding, land and mudslides, and earthquakes, and last Novemberexperienced one of the worst floods in 40 years, which killed 800 people andcaused damage in excess of...