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ECC approves issuance of $500mln Eurobonds for dams - Vimarsana News

ECC approves issuance of $500mln Eurobonds for dams

ECC approves issuance of $500mln Eurobonds for dams Business December 25, 2020 ISLAMABAD: Economic Coordination Committee (ECC) of the cabinet on Thursday approved issuance of $500 million Eurobonds to finance construction of Diamer Basha and Mohmand dams and Karachi transformation plan. Ministry of water resources presented a summary for issuance of the Water and Power Development Authority’s (Wapda) debut $500 million Eurobonds to arrange finances for Diamer Basha and Mohmand dams. Diamer-Basha dam is estimated to...