ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

ADBs First Loan for Education

THE Asian Development Bank has approved a loan of US $ 3 million to the Republic of Singapore for the expansion of the Ntfee Ann Technical College, This is the Bank's first loan in the field of education. To ha drawn from the Bank's Special funds resources,the loan will carry an interest rate of 3 per cent per annum and will be repayable in 25 years including n 10-year grace period.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top