VOL. XL

No. 10

10-March-1997

LOANS

IDB Approves $196.5Mn In Financing

The Islamic Development Bank (IDB) has approved financingfacilities for a variety of projects to the value of $196.5mn. The financing will bedivided among the following countries: Iran, $44mn; Pakistan, $32.8mn; Turkey, $30mn;Indonesia, $23.5mn; Tunisia, $20.7mn; Mozambique, $11mn; Bangladesh, $10mn; Egypt, $10mn;Mali, $7mn and Saudi Arabia's Jamjoom Pharmaceutical Factory, $7.5mn. The 50-member IDBwas set up in 1975 to...