VOL. XXXVI

NO. 23

8-MARCH-1993

Financial and Banking News

REGIONAL FINANCING

Concessional Funding Ready for Lebanon, Egypt, Sudan and Jordan

The World Bank's Executive Board has approved a $175mn loan for Lebanon, thefirst since 1978. The money will fund a three-year emergency program of power,water, sewerage, housing, educational and technical assistance projects.

Egypt will receive a $150mn structural adjustment loan from the World Bank,now that the bank is satisfied that Egypt is taking...