VOL. XXXVII
NO. 39
27-JUNE-1994
Financial and Banking News
Aid Flows
Jordan Gets $118Mn Loan From AFESD For 'Aqaba Power Plant Expansion
Jordanian officials announced on 18 June that Jordan will receive a loan of$118.2mn from the Kuwait-based Arab Fund for Economic and Social Development (AFESD)to part finance a $200mn expansion plan for the 'Aqaba power plant. The loanconsists of a KD25mn ($84.5mn) allocation for the expansion of the powerplant, plus a further KD10mn ($33.8mn) for upgrading high...
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