Guarantee for repayment of $140m approved by ECC

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The Economic Coordination Committee (ECC) chaired by Finance Minister Ishaq Dar took the decision on Friday to approve the government’s guarantee for repayment of $140m loan which accounts for 40pc of $350 million loan for Dasu Hydropower Project. In addition, the World Bank will be providing a guarantee for the remaining $210m loan amount. The Read More