WASHINGTON, March 31, 2016 - The World Bank’s Board of Executive Directors today approved the following project:
Pakistan – More and Better Jobs in Pakistan
IDA Credit: US$100 million equivalent
Terms: Maturity = 18.5 years, Grace = 4.5 years
Project ID: P155963
Project Description: To improve the investment climate in Punjab and create more and better jobs, thus contributing to reducing unemployment and poverty in Pakistan. This will be the first IBRD loan after Pakistan became eligible again.