Kuwait Fund Boosts Mohmand Dam Project with $25m Loan

Kuwait Fund Boosts Mohmand Dam Project with $25m Loan

ISLAMABAD (AIA) Kuwait has agreed to provide a $25 million loan for the Mohmand Dam Hydropower Project, with an agreement signed between the Pakistani government and the Kuwait Fund for Arab Economic Development. This marks the second phase of funding, following a commitment of $100 million in four tranches. The loan underscores Kuwait’s commitment to supporting Pakistan’s socio-economic development.

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