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Pakistan, Kuwait Fund ink $15mn supplementary loan agreement

ISLAMABAD: Pakistan and the Kuwait Fund have signed Supplementary Loan Agreement of Kuwaiti Dinar 4.5 million (equivalent to US$ 15 million) for financing Golen Gol Hydropower Project. The State of Kuwait has already been co-financing this Project with an amount of K.D 11.00 million (equivalent to US$ 37 Million). The document was signed by Ghanem Sulaiman Al-Ghenaiman, Deputy Director General, Kuwait Fund for Arab Economic Development (KFAED) and Secretary, Economic Affairs Division, Syed Ghazanfar Abbas Jilani. The…