{
  "id": 2111573,
  "title": "Pakistan expects up to $100mn under first DPR programme",
  "url": "https://urgent.news/2026/08/20/pakistan-expects-up-to-100mn-under-first-dpr-programme",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-20T09:31:24.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40435752/pakistan-expects-up-to-100mn-under-first-dpr-programme"
  },
  "original_language": "en",
  "account": "Pakistan anticipates securing up to $100 million from its inaugural Diversified Payment Rights (DPR) Programme, as highlighted by a project agreement between the International Finance Corporation (IFC) and Bank Alfalah Limited. This groundbreaking initiative, spearheaded by Prime Minister, offers a novel approach to securing long-term foreign currency financing through eligible future foreign-currency payments. The agreement was formalized between Momina Aijazuddin, IFC's Regional Industry Director for Financial Institutions Group, Middle East & Central Asia, and Atif A. Bajwa, President & CEO of Bank Alfalah Limited. The DPR Programme, envisioned to diversify Pakistan's external financing sources, promises to enhance access to international capital markets. The initial transaction under the DPR structure is expected to provide up to $100 million, with the potential for further financing contingent on market conditions and the success of the first transaction. The finance minister emphasized the importance of diversifying Pakistan's sources of foreign currency financing and developing innovative financing mechanisms to bolster investment and productive economic activity. The transaction represents a significant milestone in Pakistan's debt capital market and external financing framework, potentially setting a precedent for future DPR transactions by other Pakistani banks.",
  "summary": "In a significant development for Pakistan’s external financing landscape, a project agreement between the International Finance Corporation (IFC) and Bank Alfalah Limited (BAFL) for Pakistan’s first Diversified Payment Rights (DPR) Programme was signed on Thursday. The agreement was signed by Momina Aijazuddin, Regional Industry Director, Financial Institutions Group, Middle East & Central Asia,…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}