Pakistan Secures JICA Loan for Post-Flood Reconstruction

The Japan International Cooperation Agency will lend 14.7 billion yen ($170 million) to help finance reconstruction projects in Pakistan’s Khyber Pakhtunkhwa province, which was severely affected by floods last year.

The loan agreement was signed Feb. 22 in Tokyo, Dow Jones reports.

Read more development aid news.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.