41. The fund usually provides soft loans to assist in financing inter-Arab projects. 42. The government is on the foreign policy defensive after it cut soft loan guarantees for overseas development projects. 43. The IMF usually gives soft loans to poor countries with limited sources of foreign financing. 44. The government would make use of soft loans from international lending institutions to finance projects. 45. The money was mainly used to provide soft loans to countries which awarded British contractors major projects, including dams and road works. 46. The soft long-term loans were extended to Arab countries as well as other developing nations. 47. The rest will be a soft loan, he said. 48. The rest is expected to be covered by soft loans with Libyan guarantees. 49. The State Government needs the soft loan to fortify its financial position and to finance its infrastructural projects. 50. They got indirect support from their governments, which lobbied their case by giving soft loans to countries that gave contracts, Mahathir said. |
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