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World Bank gives $450 mn aid to Pakistan


World Bank gives $450 mn aid to Pakistan
The Finance for Growth Development Policy is a policy credit of $300 million that would assist Pakistan’s efforts in promoting an inclusive and transparent financial sector, a statement by the World Bank said.

 The World Bank on Thursday approved a financial assistance worth $450 million to Pakistan to support its efforts to help the poor and most vulnerable people in the country.

The Finance for Growth Development Policy is a policy credit of $300 million that would assist Pakistan’s efforts in promoting an inclusive and transparent financial sector, a statement by the World Bank said.

The bank said the programme aims to raise financial access throughout Pakistan to 50 per cent of adults, including 25 per cent women, by 2020.

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