- The Exim Bank has provided a soft loan worth USD 210.73 million to Guinea.
- The loan amount will be utilised for the projects like drinking water projects, the construction of hospitals and solar projects.
- The loan amount consists of USD 170 million Line of Credit for the drinking water supply project of Grand Conakry-Horizon 2040 in Guinea.
- The loan amount of USD 20.51 million will be used to construct and upgrade hospitals in the country.
- The Line of Credit amount of USD 20.22 million will be used for two solar projects in the country.
- Static Part:
- HQ of Exim Bank: Mumbai
- MD of Exim Bank: David Rasquinha
- Capital of Guinea: Conakry
- Currency of Guinea: Guinean Franc
Question:
a. World Bank
b. Exim Bank
c. New Development Bank
d. Asian Development Bank
