"concessional loan" is a correct and usable phrase in written English.
It typically refers to a loan offered at a lower interest rate than the average market rate. For example, "The government is offering a concessional loan to businesses affected by the pandemic."
The 35-year concessional loan will be paid in one installment and has no repayments due for 10 years.
"But if that person wants to go and retrain, do a diploma, we'll provide a taxpayer-funded concessional loan.
On this trip Banda negotiated a $1 billion concessional loan from the Chinese authorities, which was the equivalent of 40% of Zambia's total public external debt stock.
The Adani Group, or a linked entity, has reportedly been granted "conditional approval" for the US$700m AU$900mm) concessional loan from Naif, the Australian government investment fund.
On Wednesday, the deputy prime minister, Barnaby Joyce, endorsed a concessional loan for the project in order to "get the thing built and get the money flowing".
But there would be everything wrong with providing a massive government-backed concessional loan to achieve a political end without proper public scrutiny or process, or even a definition of how it was determined to be in the public interest.
"Look, I welcome the concessional loans as part of a package.
However, concessional loans will still be useful even if grants are less appropriate given expanding resources.
He foreshadowed changes to concessional loans to "better fit" the needs of dairy farmers.
It says only 8.9% of concessional loans have been used to support the extraction of such resources.
Creditors also promised to include for the first time some $20 billion-worth of concessional loans in the debt calculation.
