AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
On 18 January 2013, the Government of India agreed to provide a loan of USD 22.5 million to the Government of Burkina Faso for financing goods, machinery and services including consultancy services for financing a low cost housing and economical buildings' project in Burkina Faso.
The credit is provided by the Export Import Bank of India (EXIM) and requires that at least 75% of the contract price for goods and services associated with the project is sourced from India.
The credit agreement came into force on 13 September 2013.
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