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...
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