ADB OKs USD500 Million Pakistan Credit

The Asian Development Bank will loan USD500 million to assist Pakistan in dealing with soaring food and oil prices. The credit will help boost the country’s energy, agriculture and industrial sectors. The bank’s latest funding supports the government’s economic stabilization program. (“ADB Provides Pakistan with USD500 Million to Accelerate Economic Transformation” - Asian Development Bank, Sept. 30, 2008)

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