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Law approving loan agreements issued

Posted in: Business & Economy
Written By: Observer Staff
Article Date: Mar 20, 2010 - 5:04:56 PM
Law No. 4 of 2010 was issued on Sunday; a ratifying a loan agreement singed June 03, 2009 between the Yemeni government and Islamic Bank for Development (IBD).

Under the agreement, the bank will loan the Yemeni government $11,497,000 USD in contributions for financing the agricultural development project in Abyan province.


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