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Wasa awaits soft loan for Rs14 bn sewerage project

Wasa awaits soft loan for Rs14 bn sewerage project
National
April 20, 2021
LAHORE: The Punjab government on the request of Water and Sanitation Agency (Wasa) has asked the Economic Affairs Division for early processing of financial facility for the country’s first ever mega trenchless sewerage project worth Rs14 billion.
Asian Infrastructure Investment Bank (AIIB) has already committed a soft loan for laying a trenchless sewerage system from Larechs Colony to Gulshan-e-Ravi, Lahore. PC- I of the project was approved by ECNEC on 16 March, 2020 while pre-qualification of Project Management Consultant was completed in advance to save time.
The board approval by AIIB was expected in September, 2020, loan signing with AIIB was expected in October, 2020 and the award of work was expected by end of December, 2020. However, the project financing was delayed. Recently, Planning & Development Board Punjab wrote a letter (No. 4(46) ECA/P&D/20-I1) to the Economic Affai ....

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DSSI signing ceremony held

DSSI signing ceremony held
December 22, 2020
ISLAMABAD: The government of Pakistan, taking advantage of the Debt Service Suspension Initiative (DSSI), entered into negotiations with 21 creditor countries for debt suspension amounting to $1.7 billion, a statement said on Monday.
The G20 countries, together with the Paris Club creditors had announced to provide the much-needed fiscal space to stressed countries in their fight against COVID-19, it added. The government has successfully negotiated and concluded rescheduling agreements with 19 bilateral creditors, including members of the Paris Club.
Debt rescheduling agreements were signed with France, Switzerland, and China by the Economic Affair Division in Islamabad. The signing ceremony was witnessed by senior embassy officials of these countries. ....

France General , Noor Ahmed , Economic Affairs Division , Economic Affair Division , Debt Service Suspension Initiative , Paris Club , Affairs Division Secretary Noor Ahmed , பிரான்ஸ் ஜநரல் , பொருளாதார வாழ்க்கைத்தொழில்கள் பிரிவு , பொருளாதார செய்கை பிரிவு , கடன் சேவை இடைநீக்கம் முயற்சி , பாரிஸ் சங்கம் ,

Pakistan gets $526 million G-20 debt relief | The Express Tribune

Pakistan gets $526 million G-20 debt relief
Saudi Arabia has not yet signed $716 million relief agreement
Loan. PHOTO: REUTERS
ISLAMABAD:
Pakistan on Monday signed $526 million worth debt rescheduling agreements with three more members of the richest G-20 club, taking the overall benefit to below $1 billion.
The debt rescheduling agreements were signed with France, Switzerland and China by the Economic Affair Division, according to a handout issued by the Economic Affairs Ministry.
The agreement would result in delaying the repayments of $170 million to France, $9 million to Switzerland and $347 million to China. Pakistan is among the 76 poorest countries, mainly African nations that decided to avail the G-20 debt relief initiative. ....

France General , Saudi Arabia , United Arab Emirates , Saeed Al Maliki , Noor Ahmad , Economic Affairs Division , World Bank , Economic Affair Division , Debt Service Suspension Initiative , Ministry Of Economic Affairs , Paris Club , Economic Affairs Ministry , Pm Office , Economic Affairs , Pakistan Nawaf , Prime Minister Imran Khan , Pakistan Saudi Arabia , Affairs Division Secretary Noor Ahmad , Limit Policy , பிரான்ஸ் ஜநரல் , சவுதி அரேபியா , ஒன்றுபட்டது அரபு அமீரகங்கள் , சயீத் அல் மாலிகி , பொருளாதார வாழ்க்கைத்தொழில்கள் பிரிவு , உலகம் வங்கி , பொருளாதார செய்கை பிரிவு ,

Govt successfully sign rescheduling agreements with G20s

Govt successfully sign rescheduling agreements with G20s
Published On
The signing ceremony was witnessed by senior embassy officials of these countries.
ISLAMABAD (Dunya News) – The government of Pakistan has successfully negotiated while concluding a rescheduling of agreements with 19 bilateral creditors, including members of the Paris Club.
The government of Pakistan, taking advantage of this initiative, entered into negotiations with 21 creditor countries for debt suspension amounting to $1.7 billion, said a press release issued by Ministry of Economic Affairs here on Monday.
The debt rescheduling agreements were signed with France, Switzerland and China by the Economic Affair Division at Islamabad.
The signing ceremony was witnessed by senior embassy officials of these countries. ....

France General , Noor Ahmed , Economic Affairs Division , Economic Affair Division At Islamabad , Debt Service Suspension Initiative , Ministry Of Economic Affairs , Paris Club , Dunya News , Economic Affairs , Economic Affair Division , Federal Secretary Economic Affairs Division , China Pakistan Economic Corridor , பிரான்ஸ் ஜநரல் , பொருளாதார வாழ்க்கைத்தொழில்கள் பிரிவு , பொருளாதார செய்கை பிரிவு இல் இஸ்லாமாபாத் , கடன் சேவை இடைநீக்கம் முயற்சி , அமைச்சகம் ஆஃப் பொருளாதார வாழ்க்கைத்தொழில்கள் , பாரிஸ் சங்கம் , துணிய செய்தி , பொருளாதார வாழ்க்கைத்தொழில்கள் , பொருளாதார செய்கை பிரிவு , கூட்டாட்சியின் செயலாளர் பொருளாதார வாழ்க்கைத்தொழில்கள் பிரிவு , சீனா பாக்கிஸ்தான் பொருளாதார தாழ்வாரம் ,

Pakistan successfully concludes debt rescheduling agreements

Pakistan successfully concludes debt rescheduling agreements
December 21, 2020
ISLAMABAD, Pakistan: It may be recalled that the G20 Countries together with the Paris Club Creditors had announced a Debt Service Suspension Initiative (DSSI) to provide much needed fiscal space to stressed Countries in their fight against the COVID-19 pandemic.
Taking advantage of this initiative, the government of Pakistan entered into negotiations with 21 Creditor Countries for debt suspension amounting to US$ 1.7 billion.
The government of Pakistan has successfully negotiated and concluded debt rescheduling agreements with 19 bilateral creditors including members of the Paris Club.
The debt rescheduling agreements were signed on Monday with France, Switzerland, and China by the Economic Affair Division at Islamabad. ....

France General , Economic Affairs Division , Senior Embassy Officials , Paris Club Creditors , Paris Club Countries , Economic Affair Division At Islamabad , Debt Service Suspension Initiative , Paris Club , Economic Affair Division , Signing Ceremony , Secretary Economic Affairs Division , பிரான்ஸ் ஜநரல் , பொருளாதார வாழ்க்கைத்தொழில்கள் பிரிவு , மூத்தவர் தூதரகம் அதிகாரிகள் , பாரிஸ் சங்கம் கடன் வழங்குநர்கள் , பாரிஸ் சங்கம் நாடுகள் , பொருளாதார செய்கை பிரிவு இல் இஸ்லாமாபாத் , கடன் சேவை இடைநீக்கம் முயற்சி , பாரிஸ் சங்கம் , பொருளாதார செய்கை பிரிவு , கையொப்பமிடுதல் சிஇஆர்இஎம்ஓஎன்ஒய் , செயலாளர் பொருளாதார வாழ்க்கைத்தொழில்கள் பிரிவு ,