World Bank President Mr. Eugene Black was filmed May 11, int eh Egyptian Economic Ministry?
World Bank President Mr. Eugene Black was filmed May 11, int eh Egyptian Economic Ministry with Minister Dr. Abdul el Kaissuny and Mr. Rucinski, Director of the Bank's Middle East Operations.
The World Bank is discussing with the DAR Government the possibility of raising a GBP20 million sterling loan the finance a Suez Canal Development plane which would enlarge the waterway to cope with 70,000-ton tankers.
A mission is at present surveying economic development over the past five years.
The daily official newspaper Al Gomhouria reported that the World Bank is engaged in contacts with leading oild companies and certain Western countries which may participate in financing a loan.