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Islamabad: Pakistan, which is already troubled by its poor condition, has now started living a luxurious life by taking loans. This time Pakistan has asked for a huge loan of 20 billion US dollars from the World Bank. Let us tell you that Pakistan's economy has been in a bad state for the past several years. Pakistanis have reached the point of dying of hunger. Pakistan has taken loans from many countries like China, Russia, America, Saudi Arabia, but its poverty has not been eradicated yet. So now Pakistan's Prime Minister Nawaz Sharif has started living a luxurious life by taking loans.
The meaning is clear that take a loan, enjoy that money and forget to return it. The reason for this is that Pakistan already has a lot of debt. It is not able to repay most of the loan installments, but now the World Bank is in the process of approving a symbolic loan package of US $ 20 billion for Pakistan. Giving this information, a media report said that this is a pioneering 10-year initiative, which will protect World Bank-financed projects from political changes and will focus on six targeted areas.
World Bank may give approval in the next 10 days
The Express Tribune newspaper quoted official documents as saying that the programme, titled 'Pakistan Country Partnership Framework 2025-35', aims to improve social indicators in the most neglected but important areas. The 'Country Partnership Framework' is to be approved by the World Bank Board on January 14, after which the global lender's South Asia Vice President Martin Reiser is also expected to visit Islamabad.
