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                    [ArticleID] => 162020
                    [Title] => ADB agrees to renegotiate terms of grains sector loan
                    [Summary] => The Asian Development Bank (ADB) has agreed to renegotiate its conditions to the third tranche of the Grains Sector Development Program Loan, including the privatization of the National Food Authority (NFA)’s grains trading operations.


The controversial loan has two components: the $100-million program loan and the $75-million investment loan. It was intended for balance of payment support and carried several critical policy conditions that the government has repeatedly failed to meet.


                    [DatePublished] => 2002-05-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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GRAINS SECTOR DEVELOPMENT PROGRAM LOAN

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                    [ArticleID] => 162020
                    [Title] => ADB agrees to renegotiate terms of grains sector loan
                    [Summary] => The Asian Development Bank (ADB) has agreed to renegotiate its conditions to the third tranche of the Grains Sector Development Program Loan, including the privatization of the National Food Authority (NFA)’s grains trading operations.


The controversial loan has two components: the $100-million program loan and the $75-million investment loan. It was intended for balance of payment support and carried several critical policy conditions that the government has repeatedly failed to meet.


                    [DatePublished] => 2002-05-24 00:00:00
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ADB agrees to renegotiate terms of grains sector loan

By Des Ferriols | May 24, 2002 - 12:00am

The Asian Development Bank (ADB) has agreed to renegotiate its conditions to the third tranche of the Grains Sector Development Program Loan, including the privatization of the National Food Authority (NFA)’s...

Business