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Yemen asked for a 80 million US dollar loan from the World Bank
Yemen, Economics, 8/22/1997

Yemen will send a delegation to Washington headed by the governor of the Yemeni Central Bank, Ahmed Al Samawi, to seek an 80 million US dollar World Bank loan.

Al Samawi said, "The agreement to be signed during the talks will include granting Yemen 80 million US dollars from the World Bank to be repaid over a 40-year period."

The delegation will also conduct talks on financial reforms.

Previous Stories:
  Yemen to seek loans for developmental projects   (8/14/1997)
  World Bank, UN agencies give Yemen loan   (7/28/1997)

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