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