World Bank offers $2 billion aid to Pakistan

Islamabad, Aug 4 (IANS) The World Bank has offered a $2 billion assistance package to Pakistan, a media report said on Tuesday.

Talking to World Bank Managing Director Sri Mulyani Indrawati, Prime Minister Nawaz Sharif welcomed its cooperation in the country’s economy, education and energy sectors, Radio Pakistan reported.

Sharif discussed with the director proposed initiatives of regional connectivity through rail and road links in the region.

In this connection, Sharif referred to projects about improving and building rail and road links from Karachi and Gwadar to Turkmenistan city of Tirmiz, where Central Asian States including Turkmenistan, Uzbekistan, Afghanistan and Tajikistan have boarders at short distances.

Indrawati assured Bank’s support for the proposed initiative and offered International Bank for Reconstruction and Development assistance package of two billion dollars over a period of four years

Leave a Reply