VOL. XLII

No 44

1-November-1999

PALESTINE

IFC Assists Small Businesses In Palestine With CAB

The International Finance Corporation (IFC), which promotesprivate sector investment in developing countries, announced on 24 October thatunder its Mainstream Program it will establish an agency line with the Cairo'Amman Bank (CAB) to provide long-term financing to small and mediumenterprises (SMEs) in Palestine. The $5mn agency line will be financed with$2.5mn from the IFCs Small Enterprise Fund and...