AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
On 23 November 2011, the Government of India agreed to provide a loan of USD 15 million to the Government of Togo for financing machinery, equipment, goods and services including consultancy services to develop rural electrification projects in the country.
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 30 March 2012.
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