Financial and Banking News
Morocco Gets $550mn EC Aid Package
Morocco is to be the beneficiary of European Community (EC) grants and loansworth ECUs 438mn ($550mn) during the next four years. An agreement initialed inRabat on 16 December by Morocco's Finance Ministry and an EC delegation providesthe North African country with a package of EC budget subsidies and loans fromthe European Investment Bank (EIB) during the 1993-96 period. Part of the aidwill go...