business
August 27, 2021
Korean Exim Bank plans to double Pakistan’s financing to $1bln
ISLAMABAD: The Korean Exim Bank plans to extend Pakistan a $1 billion credit line under a new Framework Arrangement 2022-26 for the execution of various development and infrastructure projects, a statement said on Thursday."The Korean-side informed that EXIM Bank would soon sign a new Framework Arrangement with Pakistan for enhancing existing level of financing from $500 million to $1 billion for implementing new projects in road sector, climate change, healthcare and IT sector development,"...