WB to give $500m loan to Pakistan for two projects in Punjab, KP

By: News Desk
Published: 10:03 PM, 2 Nov, 2022
WB to give $500m loan to Pakistan for two projects in Punjab, KP
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The World Bank will provide 500 million dollars to Pakistan as the Ministry of Economic Affairs has signed two projects with it.

According to the 24News HD TV channel, the World Bank will give 200 million dollars for investment in a project in Punjab province.

While 300 million dollars will be provided for a project related to Khyber Pakhtunkhwa (KP) province.

As per the channel report, the Secretary of the Ministry of Economic Affairs Dr Kazim Niaz signed both agreements.

World Bank Country Director Najy Benhassine signed the agreements on behalf of the World Bank.

Reporter: Waqas Azeem

Categories : Latest, Pakistan