VOL.XXXVI
NO.44
2-AUGUST-1993
Financial And Banking News
REGIONAL FINANCING
JapanExtends New Credits To Morocco And Algeria
Japan has signed a $128mn loanagreementwithMorocco.
Thefundswillbedisbursed through theofficial credit agency Caisse Nationale de Credit Agricole and will be used
for agricultural and fishing projects.The loan is for30 years,including 10 years'grace, and is priced at 3%. The
Japanese Export Import Bank isexpectedtolendAlgeria Yen27bn ($255mn) to cover most of the costs of...
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