VOL. XXXI
NO. 14
11-JANUARY-1988
Financial and Banking News
AID FLOWS
EEC Provides $61.7mn to Egypt, Mauritania and Palestinians in Gaza
The European Community has agreed to lend Egypt $49.5mn to financeagricultural projects, according to an agreement signed in Cairo on 21 December.The European Investment Bank (EIB), the soft-loan arm of the EEC, also agreedlast month to provide a soft loan worth ECU10mn ($12.44mn) to Mauritania for theiron ore enrichment plant at Guelbs. The loan is repayable over...
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