VOL. XLII

No. 24

14-June-1999

PALESTINE

World Bank Approves $21Mn Loan For Palestinian Water AndSanitation

The World Bank has approved a $21mn equivalent IDA creditfor the West Bank and Gaza Southern Area Water and Sanitation Improvementproject. The overall project will cost $62.9mn and the $21mn equivalent creditfrom the World Bank is on standard IDA terms, with a maturity of 40 years,including a 10-year grace period, and a 0.75% service charge. The EuropeanInvestment Bank is expected to...