Pakistan signs $4.5bn Islamic finance deal to clear power sector debt

finance.yahoo.com/news/pakistan-signs-4-5bn-islamic-092642647.html

Pakistan has entered into term sheets with 18 commercial banks for an Islamic finance facility amounting to PKR1.275tn ($4.5bn) to assist in alleviating the growing debt within its power sector, as reported by Reuters.
The financing will address unpaid bills and subsidies that have…

This story appeared on finance.yahoo.com, 2025-06-23 09:26:42.
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