WASHINGTON, June 15, 2017 - The World Bank’s Board of Executive Directors today approved the following project:
Pakistan Financial Inclusion and Infrastructure Project
Total: $137 million
IDA Credit: $37 million equivalent
IDA Scale Up Facility: $99.7 million
Terms: Maturity = 25 years; Grace = 5 years
Project ID: P159428
Project description: This project will contribute to increasing access and usage of digital payments and other financial services for households and businesses in Pakistan.