ISLAMABAD: The World Bank (WB) has approv
ed a package worth 450 million dollars to support the g
overnment’s efforts to help the poorest and most vulnerable people of Pakistan.
The program aims to raise financial access throughout Pakistan to fifty percent of adults, including twenty-five percent women by 2020.
Similarly, in the next three years, it aims to boost private sector credit access to small and m
edium enterprises to fifteen percent from seven percent in 2015.
Additionally, the Bank will also provide fifty million dollars under Punjab Tourism for Growth Project to strengthen institutions and improve infrastructure to support the tourism sector in the province.
Meanwhile, in a sta
tement World Bank Country Director for Pakist
an IllangoPatchamuthu acknowledged that Pakistan has made significant progress in the implementation of economic reforms.
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