AIRLINK 74.10 Decreased By ▼ -0.46 (-0.62%)
BOP 5.01 Decreased By ▼ -0.05 (-0.99%)
CNERGY 4.46 No Change ▼ 0.00 (0%)
DFML 41.34 Increased By ▲ 1.61 (4.05%)
DGKC 87.05 Decreased By ▼ -0.50 (-0.57%)
FCCL 21.79 Decreased By ▼ -0.14 (-0.64%)
FFBL 34.25 Decreased By ▼ -0.34 (-0.98%)
FFL 9.97 Increased By ▲ 0.22 (2.26%)
GGL 10.45 Decreased By ▼ -0.04 (-0.38%)
HBL 113.56 Decreased By ▼ -0.23 (-0.2%)
HUBC 136.00 Decreased By ▼ -0.52 (-0.38%)
HUMNL 11.90 Increased By ▲ 1.00 (9.17%)
KEL 4.85 Increased By ▲ 0.18 (3.85%)
KOSM 4.58 Decreased By ▼ -0.06 (-1.29%)
MLCF 38.31 Decreased By ▼ -0.15 (-0.39%)
OGDC 135.75 Decreased By ▼ -0.39 (-0.29%)
PAEL 26.75 Increased By ▲ 0.14 (0.53%)
PIAA 20.80 Decreased By ▼ -1.69 (-7.51%)
PIBTL 6.75 Increased By ▲ 0.08 (1.2%)
PPL 122.40 Increased By ▲ 0.11 (0.09%)
PRL 26.86 Decreased By ▼ -0.11 (-0.41%)
PTC 14.55 Increased By ▲ 0.64 (4.6%)
SEARL 59.55 Decreased By ▼ -0.32 (-0.53%)
SNGP 70.00 Decreased By ▼ -0.06 (-0.09%)
SSGC 10.40 Increased By ▲ 0.05 (0.48%)
TELE 8.57 Increased By ▲ 0.03 (0.35%)
TPLP 11.33 Decreased By ▼ -0.01 (-0.09%)
TRG 65.15 Decreased By ▼ -0.85 (-1.29%)
UNITY 26.19 Decreased By ▼ -0.14 (-0.53%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 7,858 Increased By 34.1 (0.44%)
BR30 25,387 Decreased By -19.2 (-0.08%)
KSE100 75,258 Increased By 173.6 (0.23%)
KSE30 24,185 Increased By 91.6 (0.38%)

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.