VOL. XLII
No. 17
26-April-1999
YEMEN
AFESD Approves $58Mn To Yemen
The Arab Fund for Economic and Social Development (AFESD)announced on 20 April that it had agreed to grant Yemen a $58mn loan forimproving sanitation. The loan carries a tenor of 25 years, a pricing of 4.5%and a four-year grace period. To date, AFESD has granted $780mn to Yemen fordevelopment projects.
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