Govt taps into P1.5bn World Bank loan

Wednesday, June 01, 2016

Government is currently in negotiations with the World Bank to tap into a $150 million financial package to invest towards improving water access, sanitation and renewable energy.

The financial package is part of a $270 million developmental lending pipeline availed by the World Bank last year under a 2016-2020 Country Partnership Framework (CPF), to finance developmental operations in the first two years of the programme, up to 2018.

Permanent Secretary in the Ministry of Minerals, Energy and Water Resources, Kgomotso Abi told the Public Accounts Committee (PAC) recently that negotiations to tap into the $150 million facility are currently ongoing.

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Govt taps into P1.5bn World Bank loan

Government is currently in negotiations with the World Bank to tap into a $150 million financial package to invest towards improving water access, sanitation and renewable energy.

Couple arrested for fake kidnap report

Man, 59, found hanging in relatives' home

Athletics, the gift that keeps on giving

Investor Kereng to remain with Rollers

Gaseitsiwe looks back with pride over 400m success

Relay team brief profiles

GU moves closer to maiden title

Botswana moves second behind USA rankings

Closure as pain lingers