Pakistan receives $400 million loan from ADB

BusinessPakistan receives $400 million loan from ADB

Pakistan receives $400 million loan from ADB

ISLAMABAD: Pakistan has received $400 million as a loan from the Asian Development Bank (ADB) for energy projects, media reports said on Saturday.

The amount will be spent on various projects to generate electricity from coal in different parts of the country.

An agreement to this effect was signed by the ADB and the finance ministry on April 28.

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