The Asian Infrastructure Investment Bank will provide a loan worth 500 million dollars to Pakistan.

For this purpose, an agreement signing was signed today by AIIB under Building Resilience with Active Countercyclical Expenditures Program.

The AIIB Board approved the program yesterday.

The agreement was signed from AIIB side by Vice President Investment Operations Konstantin Likitovskiy.

Signing took place during COP27 meetings in Sharm El-Sheikh in Egypt and was witnessed by Minister for Climate Change.