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ADB distances itself from Pak's premature claim of USD 3.4 bn loan

Tuesday, June 18, 2019, 7:38 AM

In a huge embarrassment for the Pakistan government, the ADB has distanced itself from the "premature announcement" of Prime Minister Imran Khan's adviser that the global lender would provide a loan of USD 3.4 billion to the cash-strapped nation, saying "discussions are ongoing". In its statement, the ADB confirmed the meetings with the government members and discussions on loans.

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