1988USAID DEC
U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT (USAID)
LOAN IS DISBURSED IN 2 TRANCHES: FIRST FOR PRODUCTIVE INVESTMENTS WHERE BENEFITS ARE REALIZED BEFORE EXECUTION OF PROTOCOLS; SECOND, FOR BULK OF INVESTMENTS, WHERE SUCCESS IS DEPENDENT ON COOPERATION AMONG MEMBER STATES.
HELMAN, HOWARD B. · 1971
Abstract
WITHHOLDING SECOND TRANCHE CAN SERVE AS LEVERAGE TO ASSURE IMPLEMENTATION OF PROTOCOLS IMPROVING CONDITIONS FOR EXTERIOR TRADE. LOAN FINANCES IMPORTATION OF COMMODITIES, SERVICES FOR SPECIFIC LEVESTOCK INVESTMENTS AND PROVIDES INTERNAL RESOURCES FOR INVESTMENTS THROUGH DIRECT PURCHASE OF LOCAL CURRENCY.
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