International Bank to loan $45.000 USD to Youth and Sports

 by Horatio Bobby Willie
Tuesday, 29 August 2006

Reports reaching Star Radio say the Ministry of Youth and Sports has
concluded arrangements with the International Bank for a 45 thousand United States Dollars loan.


The money is intended to fund the Lone Star away game against Equatorial Guinea.

The report say the arrangement was concluded on Saturday. Deputy Sports Minister Marbue Richards confirmed the report when Star Radio made contact with him.

He said the money would cover transportation, tickets reimbursement for foreign-based players, per diems among others.

The Sports Ministry would pay back the loan as soon as it can get the necessary financial transactions between it, the Finance Ministry and the Budget Bureau are completed