IDA to implement shorter repayment time period and higher interest rates on loans : vimarsana.com

IDA to implement shorter repayment time period and higher interest rates on loans

The announcement by the International Development Association (IDA) of the World Bank to shorten the repayment time period on loans and increase interest rates by the next cycle in 2025 has been met with criticism by Prime Minister Dr. Ralph Gonsalves. Speaking on radio yesterday, the Prime Minister explains that IDA provides financing for countries…

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Ralph Gonsalves , World Bank , International Development Association , Prime Minister , Minister Gonsalves ,

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