VOL. XXXVI

NO. 25

22-MARCH-1993

Financial and Banking News

AID FLOWS

Kuwait Fund Details Aid to Syria and Egypt

Syria received $400mn in aid from the Kuwait Fund for Arab EconomicDevelopment (KFAED) during the last two years, and the fund plans to extend$500mn to Egypt in the four years to 1995, according to its General Manager, Mr.Badr al-Humaidhi. In an interview with the local daily al-Qabas, Mr. Humaidhireaffirmed the fund's policy that no aid will be extended to countries whichsided with Iraq...