Loans are disbursed within a couple of days by reputed organisations which should be a criteria for selecting the bank.
The funds will be disbursed "within the month of July," the commission said in a statement.
The first €26bn of a package worth more than three times that will be disbursed within days after the government in Athens grudgingly approved the agreement at the end of a marathon debate, and Germany backed down on its opposition to rescuing Greece.
The Graduate Financial Aid office must return any loan funds that cannot be disbursed within three days of their receipt.
4. The Secretary-General or a duly authorized officer will report periodically to the United States Department of State, through the United States Mission to the United Nations, on amounts which will be available for return to the Department as funds which have not been disbursed within ninety (90) days of their receipt.
Additional funds, if available, will be disbursed on a sliding scale basis according to annual income.
Their wills dictate that any remaining money be disbursed by a deadline–"sunset philanthropy," as it is called.
Such subsidies will be disbursed from a centrally- administered tax and donor financed National Health Insurance Fund NHIFF).
Critics described this as 'development as counter-terrorism', arguing that aid should be disbursed on a needs basis and not 'according to Whitehall's security agenda' [ 68].
