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France to provide two soft loans for energy projects

ISLAMABAD: France will provide two soft loans amounting to 165 million Euros to the government of Pakistan to finance energy sector projects such as Power Transmission Enhancement Investment Tranche-IV and Mangla power plant rehabilitation project. An agreement was signed on Thursday between French Agency for Development (AFD) Country Director Mr. Jacky Amprou, Ambassador of France Ms. Martine Dorance, and Secretary Economic Affairs Division Mr. Shahid Mahmood. Finance Minister Ishaq Dar also witnessed the signing…