ADB: (ADB approves first co-financing with AIIB for a Pakistan road project)

June 9, 2016 Off By Web Desk

ISLAMABAD: The Asian Development Bank (ADB) on Friday approved a $100 million loan for a highway project in Pakistan that will mark its first cofinancing with the Asian Infrastructure Investment Bank (AIIB).
AIIB will provide a $100 million loan subject to its board approval later this month. The United Kingdom’s Department …