AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
On 14 March 2014, the Export Import Bank of India (EXIM), at the behest of Government of India, agreed to provide a loan of USD 25 million to the Government of Niger for financing goods and services for developing potable water projects in semi-urban and rural communities in Niger.
As observed from similar previous trade finance loans from India, the Reserve Bank of India will potentially require at least 75% of the contract price for goods and services associated with the project to be sourced from India.
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