Sun, Dec 21, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Finance, Market Moves more

G8 raises Arab Spring financing pledge to $38 bln

Posted on 12 September 2011

Group of Eight finance chiefs pledged $38 billion on Saturday in financing to Tunisia, Egypt, Morocco and Jordan over 2011-13, widening a deal agreed in May and offering Libya the chance to partake too.
The IMF promised a further $35 billion in funding to countries affected by Arab Spring uprisings and formally recognized Libya’s ruling interim council as a legitimate power, opening up access to a myriad of international lenders as the country looks to rebuild after a six-month war……………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031