NO. 2


Financial and Banking News

Regional Financing

World Bank Funding For Iranian Projects Gathers Pace

Disbursements of World Bank loans to Iran are expected to accelerate duringthe next year as a number of projects for which Bank finance has been approvedmove towards completion. The quickening pace of disbursements reflects theusual payment profile on World Bank financed projects and does not involve anynew commitments from the Bank. US attempts to prevent the flow...