VOL. XXXVII

NO.4

25-OCTOBER-1993

Financial and Banking News

Budgets & Revenues

World Bank Establishes Two Funds For Occupied Territories

The World Bank has set up two funds to provide early financial assistance tothe West Bank and Gaza. The two funds will total $85mn, of which $30mn has beencommitted from international donors. The remainder will come from the WorldBank's own resources. The first fund, of $50mn, will be administered by theInternational Development Agency, and will help in...