OPEC to provide soft loan of $50mln for development of FATA

PESHAWAR, July 08 (TNS): International Development Fund of Oil Producing and Exporting Countries (OPEC) has agreed to provide soft loan of $50 million for development of Federally Administered Tribal Areas (FATA).
“The amount will be utilized for Reconstruction and Rehabilitation Programme launched by the federal government in tribal areas,” sources at FATA Secretariat said.
“Under the programme, educational, health, irrigation, water supply and sanitation facilities are being enhanced in the tribal belt. More than two million people of the tribal areas will benefit from the programme,” the sources said.