This was announced by Treasurer, Patrick Pruaitch, when Parliament resumed today.
Pruaitch announced that the loan was approved on December 16 last year however, they have yet to formalise it with the signing of agreements.
He revealed this during ‘Question without Notice’ when Enga Governor Peter Ipatas, queried the funding of the Provincial Hospital.
“Once the loan agreement is signed then we will inform the Governor for the draw down to take place and the implementation of that hospital should happen in the first quarter of this year,” said Pruaitch.
