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    <title>Cabinet approves Special Banking Arrangement (SBA) for payment of outstanding subsidy to fertilizer companies during 2016-17</title>
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    <description>Cabinet approved an ex-post facto Special Banking Arrangement to raise a government loan from a public sector bank to settle outstanding fertilizer subsidy claims, with the government meeting interest liability limited to the government securities rate; the facility was operationalised to address fertilizer company liquidity and was repaid from the subsequent budgetary allocation.</description>
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