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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.

World Bank nod to $1,100 million loan for rail corridor

Last Updated: Wednesday, April 23, 2014, 19:18

The World Bank has sanctioned a loan of USD 1,100 million for construction of 393 km long double line between Mughalsarai-Bhaupur section of Eastern Dedicated Freight Corridor project.

World Bank to give $250 mn loan for Uttarakhand reconstruction

Last Updated: Thursday, January 09, 2014, 17:40

Multi-lateral funding agency World Bank will provide USD 250 million loan to construct disaster resilient houses and road in cyclonic disaster hit Uttarakhand.

$426-mn loan pacts signed with World Bank

Last Updated: Monday, November 05, 2012, 19:47

It is aimed at enhancing the road connectivity in the state by assisting the Public Works Road Department to improve and effectively manage its road network, said the statement.

World Bank gives Tajikistan $38 mn

Last Updated: Sunday, November 04, 2012, 10:00

The World Bank will give Tajikistan $38 million in two grants to plug budget gaps and help improve the tax system.

Bihar to seek WB loan

Last Updated: Wednesday, June 13, 2012, 16:16

Bihar government will seek loan from World Bank to provide training to school teachers.

$975 mn World Bank loan for Railway's eastern DFC

Last Updated: Thursday, October 27, 2011, 18:08

Giving a boost to Railway's ambitious Dedicated Freight Corridor (DFC) project, the World Bank on Thursday signed a 975 million USD loan agreement with the government for execution of the plan in the eastern corridor.

No interference in resolving Bhopal issue: US

Last Updated: Friday, August 20, 2010, 09:42

US Deputy National Security Advisor Mike Froman Thursday night denied making any link between the Bhopal gas leak issue and India`s request for loan help from the World Bank.

$2bn WB loan will lower NHAI`s borrowing needs

Last Updated: Wednesday, December 23, 2009, 13:06

The USD 2 billion World Bank loan the government is seeking for road development will reduce the total borrowing needs of the National Highways Authority by 20 per cent to Rs 1,53,421 crore over the next 21 years.