VOL. XLI

No. 12

23-March-1998

YEMEN

Yemen, Tunisia, Jordan And Morocco Receive Over $170Mn In Loans

The loans market has been active over the past week with over $170mn dispensed toYemen, Tunisia, Jordan and Morocco. Details as follows:

  • The World Bank has signed an $80mn soft loan agreement with Yemen. The loan will support the country's economy as it undergoes the first stage of a three-phase economic reform program prescribed by the World Bank and the International Monetary Fund (IMF)...