From The Past Pages Of Dawn: 1976: Fifty Years Ago: $140m from ADB

Published April 26, 2026 Updated April 26, 2026 05:02am

KARACHI: Pakistan is expected to receive loans in the range of 120 to 140 million dollars from the Asian Development Bank during the current ... year. This was stated by the Federal Finance Minister, Rana Mohammad Hanif … yesterday morning [April 25] on his return from Jakarta where he had led Pakistan’s delegation to the … meeting of the Board of Governors of the Bank… . He said in 1974 Pakistan was the single largest beneficiary from the Bank while last year it was the second largest borrower.

[Meanwhile, as reported by news agencies from Cairo,] China has attached no conditions to the development of military or economic cooperation with Egyptian Vice-President Hosni Mubarak, who left Shanghai yesterday [April 24] after a ... visit to China, said a statement reported here… . A military protocol signed between the two countries … would take effect immediately… . Mr Mubarak said Chinese Premier Hua Kuo-feng had assured him that China supported Egypt at the economic and military levels ... to help it liberate its (Israeli) occupied territory. … His visit followed an Egyptian decision … to abrogate a 15-year friendship treaty with the [USSR].

Published in Dawn, April 26th, 2026

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