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.