VOL. XLIV

No 47

19-November-2001

ABU DHABI

Abu Dhabi Fund For DevelopmentSigns $265Mn Loan Agreement With Pakistan

The Abu Dhabi Fund for Development(ADFD) signed an agreement with Pakistan on 6 November for a $265mnconcessional loan covering six development projects three hydro-power plants,two water projects and a dam project. The facility carries a tenor of 20 years,an interest rate of 2% and a grace period of five years. In a statement, theADFD said that the agreements were signed in...