World Bank Adb Approve 544 Million Dollar Loan to Pakistan Shehbaz Sharif Government Total Bebt 76 Thouse Billion Pakistani Rupees

World Bank Adb Approve 544 Million Dollar Loan to Pakistan Shehbaz Sharif Government Total Bebt 76 Thouse Billion Pakistani Rupees

Pakistan’s economic condition has become so bad that it has to beg for debt every month. Now he is going to get a loan of $ 544 million again. For this, he had appealed to the World Bank (World Bank) and Asian Development Bank (ADB), which has received approval. This loan has been taken by Pakistan in the name of education, strengthening women financially and empowering them.

The World Bank has approved a $ 194 million loan for Pakistan on Wednesday (June 25, 2025) and signed a $ 350 million loan agreement with ADB to promote women’s financial inclusion and economic empowerment.

According to the report of Pakistani news channel Sama TV, Pakistan has received this loan under two projects from the World Bank, which will be used to give children new opportunities for education in Balochistan province and to strengthen water security. World Bank director Negi Beheshin in Pakistan said that the objective of the project is to improve education system for children deprived of education in Balochistan.

Negi Beheshin also said that the water security project will help Balochistan to deal with climate change. The World Bank also says that the infrastructure in Balochistan and investment on human development will create employment opportunities in the province.

According to the report of Radio Pakistan, the agreement was signed by Additional Secretary of Economic Affairs Division, Sabina Qureshi and Project Administration Unit chief Dinesh Raj Shivkoti on Tuesday.

The report said, “This program will provide sufficient opportunities to women to create better access to financial services, expand business opportunities and create new employment opportunities.” WIF sub-program-2 focuses on four major improvement areas. This includes creating capable policy and regulatory environment for financial inclusion of women, enhancing finance for women, strengthening women’s entrepreneurship capacity and promoting inclusive and justified workplaces within the financial sector.

Radio Pakistan said that this agreement also shows the commitment of the Government of Pakistan to make women an active part of the national economy. With this initiative, not only women will be financially empowered, but it will also pave the way for their more inclusive, justified and prosperous future.

According to the Economic Survey 2024-25 released on 9 June, Pakistan’s total debt has increased to 76,000 billion Pakistani rupees in the first nine months of the current financial year. From this, it is estimated that in the current financial year, Pakistan’s economy will be able to increase at the rate of only 2.7 percent.

Pakistan and International Monetary Fund (IMF) signed a seven billion dollar external fund facility (IFF) loan agreement last year. Pakistan has received two installments so far, the second installment was distributed in May this year.

Source link