Project will help increase financial inclusion in small businesses and rural areas


Washington: The World Bank has approved a loan of $102 million for Pakistan.
The amount approved by the World Bank for Pakistan will be for poor farmers affected by climate change. With this amount, small loans will be given to people affected by climate change.
A statement issued by the World Bank said that the money aims to increase the income of people affected by climate change and the money is part of the World Bank’s 10-year Country Partnership Program.
The statement said that the project will help increase financial inclusion in small businesses and rural areas.
The World Bank Country Director says that microfinance is an important source of financial assistance to the poor. 1.89 million people, including 1 million women, will benefit from this project.
According to the World Bank Country Director, 54 projects are underway in Pakistan with the support of the World Bank. The total investment of the World Bank in Pakistan has reached $15.7 billion

Pakistan Coast Guards destroy Rs93bn worth of narcotics
- 3 گھنٹے قبل

Too much salt may trigger depression, study finds
- 5 گھنٹے قبل
Muharram moon sighted in Pakistan, Ashura on July 6
- 2 گھنٹے قبل
National Assembly passes federal budget for upcoming fiscal year
- 4 گھنٹے قبل
Turkey seeks reentry into US F-35 program, says Erdoğan
- 24 منٹ قبل

German police shoot Afghan man after knife attack on officers
- 5 گھنٹے قبل

30-game winner Paul Skenes?! A new formula to bring pitcher wins back to life
- 6 گھنٹے قبل

Chrome for Android gets iOS-like address bar feature
- 5 گھنٹے قبل

PPSC announces PMS 2023 results
- 3 گھنٹے قبل
ICC approves major rule changes in men’s international cricket
- 3 گھنٹے قبل
US military operation against Iran "highly successful," says Defense Secretary
- 4 گھنٹے قبل

Data Vault Pakistan launches country's first AI data centre in Karachi
- 3 گھنٹے قبل