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Infrastructure development loan funds up

The cabinet resolved yesterday to boost the funds available in a loan program to local authorities wanting to invest in infrastructure development, the government spokesman said yesterday. It increased the Ft 80 billion overall loan amount to Ft 135 billion a boost of Ft 55 billion with Ft 25 billion of that earmarked for improvements in healthcare including outpatient facilities and ambulance depots, András Batiz said. The low-interest long-term loans will be available through the Hungarian Development Bank, he added. (MTI)