WB to finance two projects worth $530 million in Pakistan

MG News | December 29, 2017 at 03:57 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

A Financing Agreement was signed between World Bank Country Director and Secretary Economic Division, Pakistan.

Under the agreement, World Bank will finance two developmental projects in Pakistan worth a total sum of $ 530 million dollars.

The funds will be utilized in the uplift of Public Finance, Health and Education in Pakistan. Whereas, some of the funds will be utilized to help the Agriculture Sector in Punjab.

World Bank agreed to Pakistan’s request for loans last week.

Related News

PSO’s RLNG cost hits record high in July on spot LNG imports

Key Pakistan Market Stats and Economic Indicators

Govt cuts petrol price by Rs0.12, diesel by Rs0.66 for August 1–3

Name	Price/Vol	%Chg/NChg
KSE100	178,161.84 169.63M	1.17% 2067.72
ALLSHR	107,602.89 522.78M	1.01% 1072.00
KSE30	53,181.06 60.32M	1.34% 700.84
KMI30	250,825.18 72.18M	1.47% 3627.12
KMIALLSHR	68,946.70 258.65M	1.13% 768.16
BKTi	50,883.86 16.08M	1.12% 564.69
OGTi	34,804.67 5.04M	1.42% 488.20

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	62,745.00	63,970.00 62,430.00	-385.00 -0.61%
BRENT CRUDE	83.59	84.55 81.55	-4.34 -4.94%
RICHARDS BAY COAL MONTHLY	107.75	0.00 0.00	-0.50 -0.46%
ROTTERDAM COAL MONTHLY	121.60	0.00 0.00	-0.40 -0.33%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	79.60	81.30 78.78	-5.07 -5.99%
SUGAR #11 WORLD	14.66	14.72 14.61	0.00 0.00%