51. These cooperatives run many kinds of businesses without depending on BAAC soft loans, mobilising capital from their members and receiving business help from several non-governmental organisations. 52. To that effect it is keeping up with massive aid schemes for all East European nations that is running into billions of dollars in grants and soft loans. 53. Under a new economic and social development plan unveiled Wednesday, the kingdom also will diversify its oil-based economy and offer soft loans for local industries. 54. Villagers would form a cooperative to establish and run their production plants financed by soft loans arranged by the PDA or the companies. 55. World Bank funds already earmarked for Thailand will be used for soft loans to exporters and infrastructure projects. 56. Impoverished low-caste citizens would get soft loans. 57. Indonesia has asked in return for a soft loan from Canada to meet its half of the cost, and according to Habibie, is considering the tax-free request. 58. It has already cut thousands of public service jobs and shut down some business programs, including a soft loan scheme which had been used to support contract tenders. 59. It is now looking to Japan for soft loans and ways to woo Japanese private sector investment into a plethora of reconstruction projects. 60. An agricultural attache at the Canadian High Commission in Canberra meanwhile told AFP that direct port subsidies had been eliminated although some soft loans were available to farmers. |
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