AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
On 24 May 2017, the Government of India agreed to provide a loan of USD 81 million to the Government of Rwanda to finance the development of ten vocational training centers and four business incubation centers.
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 projects is sourced from India. The credit agreement entered into force on 1 November 2017.
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