ISLAMABAD: Deputy Head of Mission in German Embassy Peter Felten has called on Finance Minster Ishaq Dar.
The German deputy envoy felicitated Dar on the signing of the agreement between Pakistan Poverty Alleviation Fund (PPAF), Karandaaz Pakistan (funded by UK’s Department for International Development) and Germany’s Kreditanstaltfür Wiederaufbau (KfW) Bank for the establishment of Pakistan Microfinance Investment Company (PMIC).
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Dar also welcomed the agreement and appreciated the contribution of KfW in the PMIC as one of the shareholders. He also lauded the continued German support for different development projects in Pakistan.
Peter Felten discussed with the Minister programme of his engagements at the forthcoming annual meeting of Asian Development Bank being held in Frankfurt from 2-5 May 2016. The minister said that he looked forward to his meetings with German leadership, especially the German Minister for Economic Cooperation & Development, Dr Gerd Muller, during his stay in Frankfurt.
