Tag Archives: WB approves $500m loan for Pakistan’s budget support

ISLAMABAD: The World Bank (WB) on Tuesday announced that it has approved another $500 million loan to Pakistan for the country’s budget support following its increased expenditures on Covid-19 crisis response. In a statement, the bank said its board of directors approved the financing for the Resilient Institutions for Sustainable Economy (RISE) programme to help Pakistan strengthen fiscal management, promote …

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