VOL. XLII

No. 18

3-May-1999

OPEC

OPEC Signs $8Mn Loan With PNA

OPEC signed a $8Mn loan with the Palestinian NationalAuthority on 22 April in Vienna for the purpose of financing the second phaseof a community development. The project is designed to rehabilitate and developbasic social, economic and environmental infrastructure in the smallmunicipalities, villages and communities of the West Bank and Gaza Strip. Atotal of 150 micro-projects ranging in cost from $20,000 to $50,000 will beimplemented....