NO. 27


Financial and Banking News

Aid Flows

OPEC Fund Approves New Loans And Grants

The OPEC Fund for International Development announced on 30 March that it hasapproved four loans worth $23.73mn and grants worth $390,000 during the latestmeeting of its Governing Board in Vienna. The new loan agreements include: $6mnto Chad for a second transport sector project; $6mn to the Philippines for theMindanao power transmission project; $4.73mn to Tanzania for the Unguja central...