Loan of Another $150 Million to Pakistan Approved according to the Latest updates The World Bank has approved another 15 million dollar loan to Pakistan.which will be spent on out-of-school children within Punjab.Planning will be developed within Punjab.And the money will be used to reduce the number of children who are out of school.Earlier, on 11 June 2024, the World Bank had approved a 1 billion dollar loan for Pakistan.
Loan of Another $150 Million to Pakistan Approved
The World Bank was established with the cooperation of various countries to provide financial assistance and loans to any country in case of emergency, in exchange for which it takes back the loan on top of which it earns interest. Pakistan has taken loans from the World Bank many times and it repays them in installments.Almost within the month of June, Pakistan has taken loans twice
On June 11, the World Bank approved a loan for Pakistan, over which a billion dollars was provided.This loan amount will be spent on the Dassu Hydropower project.Apart from this, the World Bank has once again approved another loan in which Pakistan will get a loan of 15 million dollars.And all this money will be spent in Punjab province of Pakistan.It will be spent on out-of-school children who do not go to school so that they can be trained.Punjab Government will train them through various programs.
So that these children can also build their future and run their own jobs
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