Nawaz Rejoices Over World Bank Loan of $700 Million

June 12, 2014 12:32 am2 commentsViews: 26

Finance Minister Ishaq Dar and Prime Minister Nawaz Sharif

Premier of Pakistan, Mian Nawaz Sharif, termed borrowing of seven hundred million dollars loan from world bank as a feat.

This was revealed while Prime Minister has invited Finance Minister to see him in National Assembly. The $600 million from the said amount is to be used for setting up Dasu Hydro, one loop of the chain of effort to satiate energy demand. This project will be able to pump 4500 MW into national grid. The remaining funds will be used to prop up Sindh Irrigation project. According to him, it was acknowledgement of his team combined efforts in the domain of economics by foreign entities and countries.

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