$300Mln Package As Aid For Pakistan Approved By World Bank
September 11, 2009 by Trend PK
Filed under Business News
Washington: World Bank, to approve the aid package of $300 million for Pakistan, including $200 million is earmarked for the Program for the Benazir Income Support (BISP), while the remaining $100 million will be in a project are used to promoting higher education in Pakistan.
According to sources, the World Bank was awaiting agreement with the IMF for the approval of this aid package for Pakistan, while the formal approval of the package will arrive at the meeting of the Governing Body of the World Bank.
Pakistan expects to receive the aid package within two months, sources said.
This aid package will be $300 million to Pakistan, a 5% interest within 35 years must be repaid is released, the sources added.
$300Mln Package As Aid For Pakistan Approved By World Bank was first posted on September 11, 2009 at 10:46 am.
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