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GERMANY TO PROVIDE PAKISTAN WITH US$69.7 MILLION IN AID.

AsiaPulse News

| September 03, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

ISLAMABAD, Sept 3 Asia Pulse - The German government has decided to resume economic aid to Pakistan by offering new aid of DM 50 million and reactivating a previous loan of DM 100 million.

This information was passed on to Finance Minister Shaukat Aziz by Dr Rainer Gosdeler, Director for Asia at the Federal Ministry of Economic Co-operation and Development.

A German delegation, headed by Dr Gosdeler, appreciated the reforms introduced by the government and the results achieved so far despite the drought and the oil price increase.

The improvement in fiscal and ...

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Source: HighBeam Research, GERMANY TO PROVIDE PAKISTAN WITH US$69.7 MILLION IN AID.

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