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News Brief

April 18, 1979
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The World Bank has announced loans for Syria and Jordan totalling $45 million mainly for industrial and agricultural purposes. Jordan will receive $15 million to help meet the increase in demand for electric power in that country, Syria will get $30 million for a drainage project designed to improve agricultural production in the lower Euphrates River basin and to arrest the spread of salinity in that area. The overall cost of the project is $52.5 million. The electric power project in Jordan is tagged at an estimated cost of $53.5 million.

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