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- Operations
- Line of Credit to Small Scale Industries
Line of Credit to Small Scale Industries
Pakistan
Borrower | Pakistan |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Financial |
Approved | 15.06.1988 |
Signed | 15.05.1989 |
Status | Completed |
Loan Administrator | OPEC Fund |
Executing Agency | Industrial Development Bank of Pakistan (IDBP) Pakistan Banking Council |
Co-financiers | Financ. Institution, Sponsors |
OPEC Fund Contribution (US$m) | 8.00 |
Total Project Cost (US$m) | 19.00 |
The project's objective is to assist the Pakistani Government in promoting the development of small-scale industries (SSIs) through transfer of financial resources. The Line of Credit will finance the foreign exchange and local currency costs of goods and services required by SSIs.