TextNow’s $150 Moto G Play Is Customized for Kids and Pairs Up With a $20 Monthly Plan - CNET
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Cutting Interest Costs: How Botswana Customized Its IBRD Development Policy Loan - World Bank Group
To navigate the severe economic disruptions caused by the COVID-19 pandemic, the Government of Botswana partnered with the World Bank Group to secure its first-ever budget support loan. Utilizing the structural flexibility of an IBRD Flexible Loan (IFL), the country successfully customized its repayment terms to match its national debt management strategy. By shortening the average repayment maturity (ARM) to under eight years, Botswana secured the lowest possible loan spread, capturing millions in interest savings and directly unlocking critical fiscal room to finance sustainable economic recovery programs.
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