81. Many farmers used the loans to buy machinery and lend plots to mass-produce farm products recommended by the government. 82. Onal said the loan would be used to reform public spending, social security, agriculture, energy and privatize state-owned enterprises. 83. Past loans have been used to stall for time and temporarily prop up Russian markets, while fundamental problems went unresolved. 84. Salama Ibrahim used her loan to add services at her rented hair salon, now straightening and setting hair in addition to doing elegant, braided extensions. 85. Shanghai Sitico International Trading Co. will use the loan to buy U.S. equipment that will be shipped and installed over the next two years. 86. Shi said China needed a better legal system to ensure that foreign loans are properly used and investments are protected. 87. Some aid officials fear loans could be used for political purposes in the runup to the vote. 88. Thailand, in response, asked Tokyo to help convince the ADB to allow the Thai private and public sectors flexibility in using the loans. 89. South Korean exporters will use the loans to cover the period between sending the goods abroad and receiving payment, the officials said. 90. South Korean officials said the IMF loan will be used to meet the most pressing demands for foreign currency by merchant banks, which borrowed heavily from abroad. |