NO. 6


Financial and Banking News

Aid Flows

OFID Signs Loan Agreements Worth $85.24mn

The OPEC Fund for International Development (OFID) has during the last fewweeks announced loan agreements with developing countries worth a total of$85.24mn. On 25 October, OFID announced loans for five projects and fourprograms worth $59.36mn to eight countries. The recipients and amounts are asfollows:

Recipient Amount Purpose ($mn)Benin 7.0 Rural primary education project.Botswana...