VOL. XXXVI

NO. 27

5-APRIL-1993

Financial and Banking News

AID FLOWS

US Will Continue To Oppose World Bank Loans To Iran, Administration Says

The US has lobbied against the granting of World Bank loans to Iran and willcontinue to do so in future, US State Department spokesman Richard Boucherindicated on 31 March. "We've actively opposed the resumption of World Bankbusiness-as-usual lending to Iran," he said. "We think it'sinappropriate, given Iran's record of terrorism, its building of weapons of...