Pakistan’s Loan and Grant: A Debt Analysis Of Pakistan From 1947-2022 Pakistan signed the first-ever loan of US$27.2 million with the IBRD
2022-10-14
ISLAMABAD ( JAVED MAHMOOD ) On March 27, 1952, Pakistan signed the first-ever loan of US$27.2 million with the International Bank for Reconstruction and Development (IBRD). The loan was obtained for rehabilitation and development of Pakistan Railways. Similarly, on Feb 2, 1951, Pakistan signed the first-ever grant assistant agreement withRead More →