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Article: Pakistan: Pak, S Arabia ink fresh loan accords Islamabad to get $ 380m.
- Article from:
- TendersInfo
- Article date:
- November 12, 2009
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Byline: babalu03
Saudi Arabia will provide 380 million dollars to Pakistan for budgetary support and other purposes. The Agreements were signed in a ceremony held in Economic Affairs Division. The Saudi delegation was led by Mr. Yousef Ibrahim AI-Bassam, Vice Chairman and Managing Director, Saudi Fund for Development. The Saudi Ambassador to Pakistan Mr. Abdul Aziz Al-Ghadeer also attended the signing ceremony.
Two loan agreements pertained to the pledge made by Saudi Arabia during the Donors Conference held in Tokyo on the backdrop of FoDP meeting, in which Saudi Arabia had pledged US$ 700 million. The first agreement related to a ...