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Fisheries Finance Program

Published on AidPage by IDILOGIC on Jun 24, 2005

Administered by:

Possible uses and use restrictions...

Direct loans for up to 80 percent of actual cost, for reconstruction or reconditioning of fishing vessels and renovation, repair or construction of fisheries shore side facilities (including aquaculture facilities). Maximum maturity up to 25 years. Funds from this program are not used for purposes which contribute to over capitalization of the fishing industry.