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Japanese loan to be used for rural uplift in Sindh and Punjab

A Rs29.6 billion loan approved by Japan under its official development assistance (ODA) will be used for development of rural areas in Sindh and Punjab and development of infrastructure and irrigation sector. The Japan Bank for Inter-national Cooperation (JBIC) has now released details of the 47.943billion yen (Rs29.6 billion) ODA utilisation, an agreement for which was signed on Saturday.