Gov’t provides details on IDB loan Friday, 19 February 2010 The Finance Ministry has provided details on the three lpans valued at US$170 million which it will be receiving from the IDB.
As was reported on Thursday the loans will go towards policy based programmes.
According to information from the Finance Ministry the first loan of US$30 million will be disbursed next week and will be used to support the Education Transformation Programme.
The other loans will be disbursed under three programs.
They are the Public Financial and Performance Management Program, the Competitiveness Enhancement Program and the Human Capital Protection Programme.
As was reported on Thursday the loans will go towards policy based programmes.
According to information from the Finance Ministry the first loan of US$30 million will be disbursed next week and will be used to support the Education Transformation Programme.
The other loans will be disbursed under three programs.
They are the Public Financial and Performance Management Program, the Competitiveness Enhancement Program and the Human Capital Protection Programme.
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