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INTERNATIONAL DEVELOPMENT ASSOCIATION (ADDITIONAL FINANCING FOR THE SOUTHERN AFRICA TRADE AND TRANSPORT FACILITATION (PHASE 2) PROJECT)) LOAN (AUTHORISATION) ACT (ACT 3 OF 2022)

An Act to authorise the Government of the Republic of Malawi to borrow from the International Development Association, a credit in various convertible currencies not exceeding in the aggregate, the equivalent of seven million, eight hundred thousand Special Drawing Rights (SDR 7,800,000); to receive from the International Development Association, a grant in various convertible currencies not exceeding in the aggregate, the equivalent of seven million, eight hundred thousand Special Drawing Rights (SDR 7,800,000); and to receive from the International Development Association, acting as the administrator of the Quality Infrastructure Investment Partnership Single-donor Trust Fund, a grant in an amount not exceeding four hundred eighty-five thousand United States Dollars ($485,000).

Date of Commencement: 4th February, 2022.

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