AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
On 16 March 2016, the Export Import Bank of India, on behalf of the Government of India, extended a Line of Credit of USD 50 million to the Government of the Co-operative Republic of Guyana for financing the development of the East Bank East Coast Road Linkage project.
The credit agreement under 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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