NOS. 13/14

26-DEC-94/2 JAN 95

Financial and Banking News

Aid Flows

Loans For Jordan, Lebanon And Tunisia

- France announced on 19 December that is providing Jordan with loans andgrants worth FF96mn ($17.7mn) that will be used to finance water,telecommunications, civil aviation and other development schemes. The amountconsists of FF88mn in the form of a soft loan repayable over 20 years withinterest of 1% and the remainder in the form of a grant. The loan also has a10-year grace period....