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Pakistan Eyes $3B JBIC Soft Loans

By Eliza Villarino // 16 February 2011

During his visit to Japan later this month, Pakistani President Asif Ali Zardari will discuss with Japanese officials about his country’s request for some $3 billion in soft loans from the Japan Bank for International Cooperation. The money, says a report by Pakistan newspaper The News, will be used to buy turbines, generators and transmission lines.

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About the author

Eliza Villarino
Eliza Villarino currently manages one of today’s leading publications on humanitarian aid, global health and international development, the weekly GDB. At Devex, she has helped grow a global newsroom, with talented journalists from major development hubs such as Washington, D.C, London and Brussels. She regularly writes about innovations in global development.