Pakistan EAC approved loan from World Bank

Pakistan EAC approved loan from World Bank

SLAMABAD - Economic advisory council (EAC) on Sunday gave approval to seek a loan of $42 million from World Bank for the poverty eradication programme announced earlier by Prime Minister Imran Khan, sources said.

The meeting, held at Bani Gala, was chaired by PM Imran and attended by Finance Minister Asad Umar and other ministers and senior government officials, a press release stated.

Sources added that Rs5 billion will be release from the national development fund for the Naya Pakistan Housing Scheme.