AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
The Line of Credit of between the Indian EXIM bank and the government of Guyana has a value of USD 10 million. It has been provided to finance the construction and supply of passenger-cargo ferry vessel and associated equipment.
The credit agreement for this Line of Credit is effective from 2 March 2017 and requires that Guyana source at least 75% of the contract price for goods and services associated with the project from India.
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