The Express Tribune: Pakistan gets $551 million IDB loan for oil, LNG import

The Saudi headquarters of Islamic Development Bank. (Getty)

April 23: The Express Tribune report by Shahbaz Rana states that Pakistan and the Islamic Development Bank (IDB) on Monday signed a loan agreement for a $551-million financing facility for liquefied natural gas (LNG) and oil imports, which will help reduce pressure on the foreign exchange reserves.

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