IDB approved $250m loan for Pakistan

The Islamic Development Bank will provide 25 250 million to Pakistan. The money will be spent on purchase of Karuna vaccine and Mohmand Dam hydropower project.

Dr. Muhammad Al-Jasser, President of Islamic Development Bank called on Federal Minister for Economic Affairs Omar Ayub. An agreement of 7 72.5 million was signed between Pakistan and Islamic Development Bank on this occasion. Will do

The IDB President said that 18 180 million financing has also been approved for the Mohmand Dam Hydro Project.

The Minister for Economic Affairs said that the project would generate 800 MW of electricity and also store 1293 million acre feet of water.

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