IFC, Fatima Fertilizer Announce $60mn Renewable Liquidity Facility to Support Pakistan’s Agriculture
3 Articles
3 Articles
$60M IFC Facility Boosts Pakistan’s Agriculture
Fatima Fertilizer and the International Finance Corporation (IFC) have agreed on a renewable US $60 million liquidity facility to ensure uninterrupted fertilizer production and strengthen Pakistan’s food security. The financing aims to close critical gaps in USD access for imports of raw materials and machinery amid ongoing foreign-exchange constraints. Read more: Fatima Fertilizer and Atif Aslam Collaborate for Ramadan The new facility provides…
IFC, Fatima Fertilizer announce $60mn renewable liquidity facility to support Pakistan’s agriculture
Fatima Fertilizer Company Limited, one of Pakistan’s leading fertiliser manufacturers, and International Finance Corporation (IFC), a member of the World Bank Group, announced a renewable liquidity facility of $60 million per year to help maintain uninterrupted domestic fertiliser production in Pakistan. “Pakistan has faced shortages of foreign exchange and delays in clearing imports, which can disrupt access to key inputs and risk fertilizer sh…
Fatima Fertilizer and IFC Announce US$60 Million Renewable Liquidity Facility to Support Food Security and Agricultural Resilience in Pakistan
Fatima Fertilizer Company Limited and IFC, a member of the World Bank Group, announced a renewable liquidity facility of US$60 million per year to help maintain uninterrupted domestic fertilizer production by enabling Fatima Fertilizer to import essential raw materials, machinery, and technical services. Pakistan has faced shortages of foreign exchange and delays in clearing imports, which can disrupt access to key inputs and risk fertilizer sho…
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