ARAB MONETARY FUND LENDS IRAQ 71.7 MLN DLRS
The Arab Monetary Fund is to lend Iraq
71.7 mln dlrs to help to finance its trade with other Arab
countries, the United Arab Emirates news agency WAM said.
    The first repayment on the loan will fall due in 30 months
with full repayment spread over four years. The loan carries
4.95 pct interest in the first year, rising to 5.85 pct in the
fourth year.
    Today's agreement brings total loans by the fund to Iraq
since 1983 to 390.6 mln dlrs.
 REUTER
