VOL. XLV

No 48

2-December-2002

AID

JBIC Loans To Middle East And North Africa In 2001 Worth $735mn

The Japan Bank for International Cooperation (JBIC) extended a total of 97.9bn ($735mn) in loans to finance projects in Algeria, Iran, Egypt, Morocco and Tunisia in fiscal 2001 (1 April 2001 to 31 March 2002), according to JBICs 2002 Annual Report. JBICs total loans and investment commitments for fiscal 2001 stood at 1.949 trillion ($14.6bn), with total disbursements of 1.958 trillion ($14.7bn) and...