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$4.5bn deal signed with ITFC to finance oil, fertiliser import - Newspaper - Vimarsana News

$4.5bn deal signed with ITFC to finance oil, fertiliser import - Newspaper

The new framework agreement will “provide financing for the import of essential commodities such as crude oil, refined petroleum products, LNG and urea”. — Reuters/File ISLAMABAD: Pakistan and the International Isla­mic Trade Finance Corpo­ration (ITFC) — a subsidiary of the Islamic Develop­ment Bank — on Monday signed a $4.5 billion new framework agreement to finance oil, LNG and fertiliser imports over the next three years (2021-23). The new framework agreement will “provide financing for the import of essential commodities such as crude oil, refined petroleum products, LNG ...

Source: dawn.com