Liberia: U.S.$65 Million, Not U.S.$875 - MOF Clarifies

The Ministry of Finance wishes to clarify that it is currently finalizing Credit Agreement with the European Investment Bank in the amount of US$65 million and not US $875millionas was reported, for the rehabilitation of the Mount Coffee hydro dam.

The Ministry of Finance also wishes to clarify that the US$65million is a loan and not a grant as was reported in its Tuesday release.

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