AIRLINK 74.45 Decreased By ▼ -0.71 (-0.94%)
BOP 5.41 Decreased By ▼ -0.04 (-0.73%)
CNERGY 4.37 Decreased By ▼ -0.02 (-0.46%)
DFML 29.10 Increased By ▲ 1.46 (5.28%)
DGKC 77.14 Increased By ▲ 5.14 (7.14%)
FCCL 20.81 Increased By ▲ 0.52 (2.56%)
FFBL 31.00 Decreased By ▼ -0.05 (-0.16%)
FFL 10.16 Increased By ▲ 0.19 (1.91%)
GGL 10.64 Increased By ▲ 0.37 (3.6%)
HBL 114.50 Decreased By ▼ -0.50 (-0.43%)
HUBC 131.10 Decreased By ▼ -0.35 (-0.27%)
HUMNL 6.80 Decreased By ▼ -0.07 (-1.02%)
KEL 4.08 Decreased By ▼ -0.12 (-2.86%)
KOSM 4.75 Decreased By ▼ -0.02 (-0.42%)
MLCF 39.78 Increased By ▲ 2.70 (7.28%)
OGDC 134.70 Decreased By ▼ -0.75 (-0.55%)
PAEL 24.55 Increased By ▲ 1.15 (4.91%)
PIAA 27.65 Increased By ▲ 0.34 (1.24%)
PIBTL 6.70 Increased By ▲ 0.10 (1.52%)
PPL 113.76 Increased By ▲ 0.60 (0.53%)
PRL 28.77 Increased By ▲ 0.02 (0.07%)
PTC 15.29 Decreased By ▼ -0.21 (-1.35%)
SEARL 57.40 Increased By ▲ 0.07 (0.12%)
SNGP 66.81 Decreased By ▼ -0.18 (-0.27%)
SSGC 11.14 Decreased By ▼ -0.03 (-0.27%)
TELE 9.19 Increased By ▲ 0.05 (0.55%)
TPLP 12.06 Increased By ▲ 0.01 (0.08%)
TRG 70.41 Increased By ▲ 0.02 (0.03%)
UNITY 23.90 Increased By ▲ 0.25 (1.06%)
WTL 1.32 Decreased By ▼ -0.02 (-1.49%)
BR100 7,475 Increased By 19.6 (0.26%)
BR30 24,376 Increased By 126.4 (0.52%)
KSE100 71,619 Increased By 185 (0.26%)
KSE30 23,624 Increased By 57.3 (0.24%)

imageISLAMABAD: Deputy Head of Mission, Embassy of Federal Republic of Germany, Peter Felten called on Finance Minster Senator Mohammad Ishaq Dar here Saturday.

The German Deputy Envoy felicitated Minister Dar on signing of the agreement between Pakistan Poverty Alleviation Fund (PPAF), Karandaaz Pakistan (funded by UK's Department for International Development) and Germany's Kreditanstaltf?r Wiederaufbau (KfW) Bank for the establishment of Pakistan Microfinance Investment Company (PMIC).

Ishaq Dar also welcomed the agreement and appreciated the contribution of KfW in the PMIC as one of the shareholders.

He also lauded the continued German support for different development projects in Pakistan.

Peter Felten discussed with the Minister programme of his engagements at the forthcoming Annual Meeting of Asian Development Bank, being held in Frankfurt from 2-5 May.

The Minister said he looked forward to his meetings with German leadership, specially the German Minister for Economic Cooperation and Development, Dr. Gerd Muller, during his stay in Frankfurt.

Senior officials of the Ministry of Finance attended the meeting.

Copyright APP (Associated Press of Pakistan), 2016

Comments

Comments are closed.