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Article: Liberia: ADB Commits U.S$29 Million for Water And Sanitation -But Sets Condition.
- Article from:
- TendersInfo
- Article date:
- October 6, 2009
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Liberia is poised to receive a US$19.9 million from the African Development Bank to address the poor sanitary conditions of Monrovia, but certain "simple conditions" need to be met.
The Managing Director of the Liberia Water and Sewer Corporation (LWSC) N. Hun-Bu Tulay said the ADB has agreed to provide the amount as a "soft loan" to the Liberian government for use by the LWSC.
The "conditions" he said are: that government must be willingness to accept the fund as a grant; that government establishes a "single institution" to spearhead water and sanitation projects; and that government gives "strong support" to findings and recommendation of an ongoing ...