The International Finance Corporation (IFC), a member of the World Bank Group, has stepped up its financial support for Pakistan’s Reko Diq copper-gold mining project with an additional subordinated loan of $400 million. This commitment follows an earlier $300 million funding tranche announced in April, bringing IFC’s total financing to $700 million. The ambitious $6.6 billion project underscores the importance of international capital flows into resource infrastructure in emerging markets.
Recent initiatives by the Pakistani government signal significant changes in the country's approach to cryptocurrencies. In an effort to attract international investments, Pakistan plans to establish a regulatory framework for digital asset trading. This step is part of a broader aim to strengthen the local cryptocurrency ecosystem and ensure the growth of this emerging sector.