VOL. XLIV

No 35

27-August-2001

SYRIA

KFAED Lends Cumulative Total Of $1.04Bn To Syria Since 1969

Since its first $21.6mn loan toSyria was approved in 1969, the Kuwait Fund for Arab Economic Development(KFAED) has contributed a total of $1.036bn to the country痴 development,according to the Kuwaiti daily al-Watanon 18 August. The paper listed the various loans to Syria including a $92.7mnfacility signed in 1990 during the Iraqi occupation of Kuwait for a sewageproject in Damascus, two loans with a...