Italy to provide 40m euros for micro-credit 3532 3692 PakRealEstateTimes.Com

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Italy to provide 40m euros for micro-credit

03-09-2009, 08:01 AM

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LahoreEstate Offline

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Italy to provide 40m euros for micro-credit

By Sajjad Malik

ISLAMABAD: Italy will provide up to 40 million euros to Pakistan for the provision of micro-credit to the people living in areas bordering Afghanistan, including FATA, the NWFP and Balochistan, a senior Italian Foreign Ministry official said.

“We have decided to give 30 to 40 million euros to Pakistan to use the amount for granting micro-credit to the people,” Italian Foreign Affairs Ministry Development Expert Walter Zucconi said in an exclusive interview with Daily Times. Zucconi is on a weeklong visit to Pakistan to meet officials to discuss Italian proposals regarding assistance for poverty alleviation projects.

http://dailytimes.com.pk/default.asp?pag...2009_pg7_2

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