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Govt eyes another $1b-loan from Japan, World Bank

byCustoms Today Report
09/08/2015
in Business
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ISLAMABAD: The government is trying to get about $1 billion loans from international lenders, including World Bank.

Federal Finance Minister Ishaq Dar has held meetings with Japanese Ambassador Hiroshi Inomata and Asian Development Bank (ADB) Country Director Werner Liepach in this regar.

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The government is eying to get $100 million from Japan, $400 million from the ADB and $500 million from the World Bank. Last week, Dar also held a meeting with the World Bank’s managing director, briefing her about the progress that the government has so far made in meeting conditions.

 

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