VOL. XXXVIII
NO. 12
19-DECEMBER-1994
Financial and Banking News
Aid Flows
EIB Loans For Algeria And Egypt
The European Investment Bank (EIB) announced on 14 December that it will lendAlgeria ECU80mn ($99mn) for the construction of the Lakhdaria-Bouira section ofthe trans-Algerian highway. The loan is being made available to Algeria underthe Fourth EC-Algeria Financial Protocol (1993-1996), with the Banque Algeriennede Developpement representing the Algerian Government. The Fourth Protocolprovides...
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