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Why World Bank cancelled $500 million loan to Pakistan​

The World Bank has halted a $500 million loan to Pakistan due to unfulfilled conditions, including revisions to a China-Pakistan Economic Corridor agreement. This leaves a $2.5 billion financing gap, exacerbated by the cancellation of another loan related to clean energy.

​ The World Bank has halted a $500 million loan to Pakistan due to unfulfilled conditions, including revisions to a China-Pakistan Economic Corridor agreement. This leaves a $2.5 billion financing gap, exacerbated by the cancellation of another loan related to clean energy. The World Bank has halted a $500 million loan to Pakistan due to unfulfilled conditions, including revisions to a China-Pakistan Economic Corridor agreement. This leaves a $2.5 billion financing gap, exacerbated by the cancellation of another loan related to clean energy. Read More

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