To that end, the Minister hosted a meeting today with Director of the German Development Bank KfW
in BiH, Matthias Schmidt-Rosen, in order to eliminate the problems and prevent the suspension of projects worth millions of euros financed by the German Government.
Speaking on the occasion, the health minister expressed their gratitude to the German government and KfW
for the gift of four the Regional Blood Centres (RBC) for the people of Sindh.
German bank KFW
had signed a loan agreement of a total of e1/4105 million on November 29, 2016, in the margins of the international conference "Tunisia 2020".
Referring to long-standing cooperation between KfW
and WAPDA, Dr Frank Albert said that their institution was pleased for being partner in the progress of Pakistan through development of water and hydropower resources.
The loan agreement was signed on 22 June in London by Andrew Alli, CEO of AFC, and Jan Martin Witte, Head of Division for Infrastructure, of KfW
According to the MoU KfW
will provide financial assistance for the establishment for Regional Blood Centers (RBCs) in Khyber Pakhtunkhwa with a capacity of up to 20,000 blood donations per year while the provincial health department will act as Project Executing Agency (PEA).
co-financing will focus on energy, urban infrastructure, climate change, small and medium enterprise financing, vocational training, and regional integration.
An Agreement in this regard was signed by the Joint Secretary Economic Affairs Division Ali Raza Bhutta, the General Manager Finance WAPDA, Najib Tariq, and the Director of KfW
Office Pakistan, Dr.
The downgrade of the standalone BFSR follows Moody's assessment that KfW
The aim of the project, according to KfW
"is to expand access to child-friendly schools and improve the quality of education in selected districts based on Egypt's pre-university education national strategic plan.
The debt offer is the biggest offshore renminbi deal by a non-Asian sovereign supranational and agency (SSA) issuer, KfW
German creditor bank KfW
will demand back 25 of Bulgaria's 50 new Siemens trains on January 1, 2012, unless the troubled Bulgarian State Railways BDZ come up with EUR 12 M until then.