World Bank approves loan of 350 million dollars for Pakistan

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Islamabad December 20 (Online): World Bank has approved a loan of 350 million dollars for Pakistan.

A loan of 350 million dollars has been approved by the World Bank under the Rise to Program.

The World Bank says that Pakistan will have to implement the policy of reforms for stability in the economy, implementation of financial management is necessary for stable growth.

The money provided by the World Bank will be used for institutional reforms besides achieving sustainable growth and targets.