concessional
Adjective
Meaning
concessional (comparative more concessional, superlative most concessional)
Of, relating to, or being a concession; concessionary
Synonyms
Examples
The two largest oil-producing countries in Latin America, Mexico and Venezuela, sold petroleum to Nicaragua at concessional rates for several years beginning in 1980. The program was curtailed because Nicaragua could not make even reduced payments.
A closer inspection of these three initiatives reveals some glaring blind spots—such as private, concessional, and commercial loans—that are as yet unaddressed.
A key component of the US$2.3 billion package—US$300 million in concessional financing—has been withheld pending renewal of Yemen's PRGF with the IMF, which is currently under negotiation.
Because of Yemen's failure to comply sufficiently with the terms imposed by the IMF, since 2002 the IMF has withheld US$300 million in concessional financing.
During a February 2007 visit, Chinese President Hu Jintao pledged Namibia " RMB 1 billion of concessional loans, 100 million US dollars of preferential export buyer's credit, RMB 30 million yuan of grants and RMB 30 million of interest-free loans..
African country to join ATI, with a shareholding of US$12.5 million, through a concessional loan by the European Investment Bank.