World Banks’ loan of $500m for Pakistan

500USD for Pakistan

World Banks’ loan of $500 million has been approved for the sanction to Pakistan by the World Bank, in lieu of giving a support to recently announced Pakistan’s 2020-21 budget. It had become essential for Pakistan to obtain this loan because the expenses got increased in result of COVID-19 pandemic throughout the country, said by representative of World Bank. To initiate the Sustainable Economy (RISE) programme covering the resilient institutions, and to make able Pakistan to manage its fiscal issues, also giving some boost to the growth of private sector,…

Read More