World Bank approves US $10 million loan to Pakistan

01 Apr, 2016 1:27 pm

ISLAMABAD (92 News) – The World Bank has on Friday approved US $10 million loan to Pakistan.

After becoming eligible for International Bank for Reconstruction and Development (IBRD), this is Pakistan’s first loan by the bank.

The money will be spent to improve the investment climate and increase in employment opportunities in Punjab.

The loan will focus on improving the environment for employment under government programs and competitive businesses and increase employment opportunities for women.

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