VOL. XXXIX

No. 45

5-August-1996

SYRIA

AFESD Loans For Syria

The Arab Fund for Economic and Social Development (AFESD) has granted Syria three loans worth a total of KD59mn ($197mn) for the development of the electricity and agricultural sectors, according to the Syrian Official Gazette of 17 July. The loans are classified as follows: KD15.5mn to finance transmission stations in six governorates; KD26mn to finance the Syrian side of the connection of the Syrian and Turkish electricity...