GEORGETOWN, Guyana (AP) — Guyana's state-run power company is slated to receive $5 million in loans from the Inter-American Development Bank to help reduce rolling blackouts and sudden power outages.

The bank says the government has 40 years to repay the loan. The South American country also has to provide up to $500,000 of its own funds as part of the agreement with the Guyana Power and Light Co.

Guyana has long struggled with a weak and aging distribution network that has led to ongoing power problems.