VOL. XLI

No. 28

13-July-1998

GENERAL

World Bank Lends $988.5Mn To MENA In FY98

At the close of FY1998, (1 July 1997 to 30 June 1998), the World Bank announced totaldisbursements of $988.5mn in loans to its eight MENA borrower countries - Jordan, Lebanon,West Bank and Gaza, Egypt, Tunisia, Algeria, Morocco and Yemen. This compares with totallending of $997mn in FY97 and $1.17bn in FY96.

Loans to Yemen, West Bank and Gaza are disbursed from the International DevelopmentAssociation (IDA), which...