VOL. XXXVII
NO. 28
11-APRIL-1994
Financial and Banking News
Budgets & Revenues
Algeria Studies IMF Letter Of Intent, Expects New Loans To Follow
Algeria's Minister of the Economy, Mr. Mourad Benachenhou, stated ininterviews with the Algerian daily El Watan on 6 and 7 April that his governmentwas preparing to sign a letter of intent with the International Monetary Fund(IMF) which would open the way for the Fund to extend an $800mn loan to Algeria."It is clear that a decision on an accord that...
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