USEUROPEAFRICAASIA 中文双语Français
Home / Top News

Pakistan's Dar: Projects could be co-financed

By Zhang Yunbi | China Daily | Updated: 2016-01-18 07:57

The Asian Infrastructure Investment Bank may co-finance some of its first projects with similar institutions, such as the Manila-based Asian Development Bank, according to Mohammad Ishaq Dar, the Pakistani finance minister.

Some observers in Japan and the West have painted the AIIB and ADB as rivals, yet leaders of both banks have dismissed the suggestion.

In fact, "we see it as having a complementary role", said Dar who attended the opening ceremony of the AIIB held at Beijing's Diaoyutai State Guesthouse on Saturday. "It (the new bank) may fund projects alone, or it ... could co-fund them with other agencies, particularly the ADB.

Pakistan's Dar: Projects could be co-financed

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US