Pakistan Eyes $3B JBIC Soft Loans

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

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    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.