IFC to Provide $400 Million Loan for Pakistan's Copper-Gold Reko Diq Mine

IFC to provide $400 million loan for Pakistan's copper-gold Reko Diq mine

ISLAMABAD : The International Finance Corporation will provide a $400 million subordinated loan for Pakistan’s Reko Diq copper-gold mine, according to an IFC disclosure on Friday. The loan adds to a $300 million commitment announced in April, bringing IFC’s total financing for the project to $700 mil

Sindh budget FY26: CM Shah unveils Rs1,018bn Annual Development Programme

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, while unveiling the annual budget in the assembly, presented the Annual Development Program for the fiscal year 2025-26 with a total outlay of Rs 1,018 billion. Presenting the budget,...

With backing from IFC: Reko Diq project set to add 1% to Pak GDP annually - The Financial Daily

ISLAMABAD – June 5, 2025:In a transformative development for Pakistan’s economy, the Reko Diq Copper Project is projected to add nearly 1 percent to the national GDP annually, positioning it as one of the most significant industrial undertakings in the country’s history. According to Dr. Tauqir Shah, Special Assistant to the Prime Minister, the latest major financing secured from the International Finance Corporation (IFC) — including a $300 mil…