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Pakistan's Economic Coordination Committee approved sovereign guarantees so Wapda can arrange a $140 million loan from Credit Suisse for the 2,160 MW Dasu hydropower project. The World Bank will guarantee the remaining $210 million, and the government agreed a draft tripartite power purchase deal to meet a condition for a $400 million balance-of-payments loan.
This is a hydropower financing story with no direct link to feed or agricultural commodity supply, demand or prices.
tribune.newspackstaging.comShahbaz RanaApr 28, 2017After 113 past macro events, Urea moved a median 0.0% over 5 sessions (48% higher; middle half -2.0% to +3.3%), and +3.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
