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LAHORE: The Chinese government has released $72 million (Rs7.51 billion) to Punjab as part of running payments out of over $1.6 billion loan it pledged under an agreement for the Lahore Orange Line Metro Train Project.
According to a spokesman, Rs7.51 billion released by the Exim bank of China on behalf of its government was the second bill the LDA had sent to Chinese authorities through the Punjab government sometime ago.
Published in Dawn, June 29th, 2016
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Comments (4) Closed
Jun 29, 2016 10:03am
How do we pay it back? how much is the interest
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Jun 29, 2016 11:43am
Hmm, time for NS & Co. to buy more property in Europe
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Jun 29, 2016 02:11pm
The wall on left needs renovation/repainting, it looks worn out.
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Jun 30, 2016 07:55am
In India when Japan or China invest/lend in say Railway projects, interest rate along with the amount is first thing that is published.. why not in Pak?
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