1. Business Growth Facility:
This facility will fund the following:
a. Production/supply of health care and related products that will be utilized to combat the spread of COVID-19 pandemic.
b. Local production/manufacturing/supply of various products that will be required by the country emanating from a shortage due to COVID-19 pandemic.
The rationale for the facility:
a. The funding will give local manufacturers and suppliers an opportunity to produce and strengthen their place in the market, which may lead to long term contracts post the COVID-19 pandemic.
a. The facility will offer working capital (only direct costs), stock,... (More)