Loans and returns
By our correspondents
February 24, 2017
This refers to the article, ‘CPEC’ (Feb 19) by Farrukh Saleem. The facts are shocking. It is surprising that the Pakistani government agreed on 13 percent interest on loan and 27 to 34 percent return on equity without competitive bidding.
One fears that this type of arrangement will not be beneficial for the country in the long run.
Abdul Majeed
Islamabad
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