VOL. XLI
No. 26
29-June-1998
SYRIA
New KFAED Loan For Syrian Water Projects
The Kuwait Fund for Arab Economic Development (KFAED) has announced the approval of a$26.2mn loan in support of water projects in Syria. On 21 June, KFAED Director, Mr. BadrMashari al-Humaidi signed an agreement with Syrian Minister of Planning Dr. 'Abd al Rahim al-Siba'i, for a23-year loan, with a five year grace period to be repaid in 38 semi-annual installments.This marks the twenty-third KFAED loan to Syria which...
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