Times of Islamabad

12 billion financing from Islamic Development Bank to Pakistan

12 billion financing from Islamic Development Bank to Pakistan

ISLAMABAD – President Islamic Development Bank Dr. Bandar Hajjar has saidthe Bank has provided a total financing of 12.43 billion dollars toPakistan through development projects in past years.

Addressing a news conference in Islamabad, he said Pakistan is the thirdlargest beneficiary of IDB financing in different developmental sectors.

He highlighted that the Bank is financing Neelum Jhelum Hydro PowerProject, Jamshoro Power Station, CASA 1000 project for improving energyneeds of the country.

He said Prime Minister Imran Khan’s vision of road to Naya Pakistan wouldpave way for the economic prosperity of the country.