VOL. XXXVI

NO. 27

5-APRIL-1993

Financial and Banking News

AID FLOWS

Morocco, Tunisia And Algeria To Benefit From New Aid Flows

Morocco is to receive a $215mn World Bank loan to improve irrigationfacilities. The country received $46mn for irrigation projects in 1986. Moroccohas suffered from drought during the last two years.

Tunisia is to receive a $120mn loan from the Export-Import Bank of Japan. Themoney will be used to make economic structural adjustments and finance imports.

Turkey has agreed in...