Arab Monetary Fund to award $40 million to Lebanon

Published March 25th, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

The Arab Monetary Fund awarded $40 million to Lebanon through the Arab Trade Finance Program, reported Al-Hayat . Lebanon will deploy this sum to finance trade transactions with the Arab countries. The Fund awarded $336 million worth of credit lines to Lebanon in the past, which were used whether by government or private sector enterprises. — (menareport.com)  

© 2002 Mena Report (www.menareport.com)