ADB to provide Pakistan $1.5 bn loan during 2016

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ISLAMABAD: The Asian Development Bank (ADB) plans to provide around $1.2 to $1.5 billion loans to Pakistan during 2016 mainly in the field of infrastructure under the Public Private Partnership mode.

The Country Director ADB Werner Leipach and Sami Saeed, Pakistan’s Executive Director in the ADB, separately called on Finance Minister Senator Mohammad Ishaq Dar at the Ministry of Finance on Monday morning.