VOL. XXXIX
No. 17
22-January-1996
KUWAIT
New Loans For Indonesia, Pakistan And Morocco
The Kuwait Fund for Arab Economic Development (KFAED) has agreed to make two loans worth a total of KD 22.2mn ($74mn) to Indonesia and Pakistan. Indonesia will receive KD12.2mn ($41mn) to help finance the construction of roads and a bridge in Bandung city. Repayment is over 20 years with interest at 3.5%. Pakistan will receive KD10mn ($33mn) to finance the construction of roads and an electricity grid...
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