Germany will give an additional 1.258 million Euros as a grant and 1.966 million Euros as a loan from KfW (Kerditanstalt fur Weideraufbau) development finance agency.
An amount of 906,000 Euros will be repayable in 50 years with a grace period of 10 years and an amount of 351,000 Euros will be repayable in 40 years with a grace period of 10 years.
The credit will carry an interest rate of 0.75 percent and 0.25 percent commitment fee on the undisbursed balance.
