National Assembly Standing Committee on Economic Affairs Division was told that in addition to loans, the USA was providing grants to the tune of $600 million each year since 2005. The secretary Economic Affairs Division informed the committee, which met in the Parliament House here on Wednesday that UK's share in this was 100 million pounds sterling each year.
It was also informed that Pakistan is paying interest at the rate of 7.125 percent. Secretary EAD added that Pakistan's current rating in the financial sector was B. The committee constituted a sub-committee to examine the loans for the projects of earthquake, Rawalpindi environmental improvement and Pakistan Railways.
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