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Finance Minister Discusses Financing with ITFC

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The CEO of the Islamic Trade Finance Corporation (ITFC), Eng. Hani Salem Sonbol, headed a group that met with Finance Minister Muhammad Aurangzeb.

Throughout the meeting, the Minister commended ITFC’s pledge to provide $3 billion in commodity financing over the following three years through a framework agreement. 269 million dollars will be made available right away through a combination of direct funding and syndication.

In response to ITFC’s commitment to diversifying its holdings in Pakistan, the finance minister promised the government’s full cooperation.

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