Stressing for long-term planning to meet country’s future needs, PM Imran Khan has launched Pakistan’s first Green Eurobond to raise $ 500Mn for financing of Diamer Bhasha and Mohmand dams. The bond has been floated for 10 years to raise $ 500Mn at a competitive price of about 7.5% interest rate. Acknowledging the progress made in the construction process of Diamer-Bhasha and Mohmand dams during two and a half years, he said these two water reservoirs will produce 10,000 megawatts of clean and environment- friendly electricity in the country.
1/6/2021