Loan accord signed with Norway

Published December 3, 2002

ISLAMABAD, Dec 2: Pakistan and Norway on Monday signed an agreement for rescheduling of a loan of 32.367 million dollars which will now be payable in 23 years including a grace period of five years.

The agreement was signed by Secretary of Economic Affairs Dr Waqar Masood Khan and Ambassador of the Kingdom of Norway Mr Tore Toreg.

This is the 8th bilateral agreement on rescheduling arrangements under the Paris Club Agreed Minutes of Dec 13, 2001, which had been signed with the Paris Club Creditors, an official announcement said.

Opinion

Editorial

Centre vs provinces
Updated 10 Jun, 2026

Centre vs provinces

The reason the centre finds itself in this position is rooted in its failure to expand the tax net and boost revenues.
Party in crisis
10 Jun, 2026

Party in crisis

THE young KP chief minister must be starting to realise just how thorny a seat he occupies. There has been a flurry...
Varsity woes
10 Jun, 2026

Varsity woes

FINANCIAL crises affecting public sector universities across Pakistan are now having an impact on academic...
Doctor attacked
09 Jun, 2026

Doctor attacked

AN act of reprehensible violence has shaken the medical community. On Saturday, an employee of the Provincial Civil...
AJK flare-up
Updated 09 Jun, 2026

AJK flare-up

The situation started deteriorating after a trader affiliated with the JAAC was reportedly shot in an altercation with law-enforcers.
Fault lines
09 Jun, 2026

Fault lines

THE April 8 ceasefire that halted hostilities between Israel and Iran has encountered its most serious test yet....