

The Motion for consideration is as follows:
BE IT RESOLVED that Parliament authorizes the Minister for finance to borrow the sum of US$20,000,000.00 from the Export-Import Bank of the Republic of China (Taiwan) for the purpose of financing the St. Jude Hospital (Phase 2) Construction Project;
BE IT FURTHER RESOLVED that – a) the loan is repayable in twenty years from the date of first disbursement of the loan inclusive of a five year grace period; b) the interest is payable at a rate of the six-month London Inter-Bank Offered Rate plus 1.5% per annum; c) the loan payments shall commence after the grace period of five years has expired; d) the principal on the outstanding amount shall be repaid in thirty consecutive equal or as nearly equal as possible semi-annual instalment; e) The terms and conditions proposed by the Export-Import Bank of the Republic of China (Taiwan) are accepted.
The following Bill is down for consideration: 1. Alien Landholding (Licensing)
Tuesday’s Sitting is scheduled to commence at 10:00a.m. The Sitting of the Senate is scheduled for Thursday, March 12th, 2020 at 10:00 a.m.



