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loan deal

ADB signs loan deal with Pakistan to improve power transmission system

ISLAMABAD: Asian Development Bank (ADB) has signed a loan agreement with Pakistan for improvement of the power transmission system in the country, ARY News reported on Thursday. The volume of the ADB loan to Pakistan will be 284 mln dollars. The loan will be used for a project to improve the power transmission system in the country. ADB's Country Director and Secretary Economic Affairs Division signed the agreement here. Moreover, the lender will also give additional four million dollars for power generation…