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From Times Staff and Wire Reports
IMF Announces $223-Million Loan to Vietnam: The International Monetary Fund said it will make the loan to help rebuild the nation’s economy. The loan represents another milestone in Vietnam’s bid to become a fully integrated member of the world economy. Last week, Vietnam made itself eligible by paying off about $140 million in arrears with the IMF for previous loans, principally with the help of France and Japan. Further funding is expected from the World Bank and the Asian Development Bank.
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