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World Bank approves $12 billion loan for cash-strapped Pakistan

Last Updated: Friday, May 02, 2014, 21:26

The World Bank has approved a $12 billion loan for cash-strapped Pakistan that will be disbursed over five years, the country`s finance ministry and the global lender said on Friday.

World Bank approves $12 billion, five-year loan for Pakistan

Last Updated: Friday, May 02, 2014, 19:28

The World Bank has approved a USD 12 billion loan for cash-strapped Pakistan that will be disbursed over five years, the country`s finance ministry and the global lender said on Friday.