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$50 million loan from IMF to Yemen
Yemen, Economics, 7/5/1999
Yemen obtained an easy loan from the International Monetary Fund of $50 million to supporting the plan for economic and financial reform. This loan is considered the first installment of total loans promised to Sanaa by the fund in the coming three years, which are nearly estimated at $700 million, a press statement issued today by the regional bureau for the IMF in Cairo said.
Previous Stories:
Yemen reaches agreement for tourism with Palestine
(6/25/1999)
Accord between Russia, Yemen to clear debts soon
(6/15/1999)
Value of Yemeni exports totals 5.312 billion riyals
(6/11/1999)
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