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12May94 MIDDLE EAST: PALESTINIAN CASH FROM THE WORLD BANK.

Withdrawal of Israeli troops from the Gaza strip and Jericho last week was accompanied by a $1.2 billion (£820 million) emergency assistance programme from the World Bank. The programme provides $600 million (£400 million) for investment in infrastructure. The balance of the funds is to promote private sector involvement in telecommunications, industry and housing. CONSTRUCTION NEWS

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