VOL. XXXVII

NO. 1

4-OCTOBER-1993

Financial and Banking News

BUDGETS AND REVENUES

EC Confirms Continuing Financial Support For Middle East States

The EC has confirmed that its financial support for the Mediterranean regionwill not be reduced as a result of its commitment to extend $600mn to thePalestinians over the next five years. At a meeting in Cairo on 29 September,the EC said that the $600mn would be given in addition to regular annualcontributions to the Palestinians, which in 1993 will total...