World Bank, IFC approve $700m loan for Reko Diq project

World Bank, IFC approve $700m loan for Reko Diq project

ISLAMABAD: The International Finance Corporation and the World Bank have approved a $700 million concessional loan for the Reko Diq project. This major mining project is located in Balochistan, Pakistan’s mineral-rich province. The loan approval is a significant win for Pakistan. This approval is expected to trigger $2.5 billion in private sector investment. The Reko […]

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