Much was done by raising huge loans - over £60,000 in his last four years.

By then, the county had also raised several small loans for road works.

Meanwhile, an expanding government deficit and difficulties in raising international loans remain big problems.

He then abandons his farm, raises new loans and moves on.

But that program depends in part on raising new foreign loans and direct investment, and the money now seems less likely to come China's way.

The government has failed to defer payments for Saudi oil or raise favorable loans.

The American guarantees would make it easier and cheaper to raise commercial loans.

Friesland even raised special loans for its increased share.

But senior Saudi officials said the kingdom currently had no plans to raise additional international loans.

The co-operative managed to raise loans of US$ 250,000 for the first phase though 1974.