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World Bank to finance $256.7 million power projects

Pakistan on Monday signed two agreements with the World Bank for making improvement in electricity distribution and transmission infrastructure worth 256.7 million dollars and water sector capacity building and advisory services for its efficient management worth 38 million dollars. The financing agreements for both projects were signed by acting Secretary of Economic Affairs Division Junaid Iqbal Chaudhry on behalf of the government of Pakistan and Country Director Yousapha B. Crookes on behalf of the World Bank.

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