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LOANS & CREDITS June 27, 2019

Competitive and Livable City of Karachi Project

WASHINGTON, June 27, 2019 - The World Bank’s Board of Executive Directors today approved the following project:

Pakistan: Competitive and Livable City of Karachi Project

IBRD Credit: $230 million

Terms: Maturity = 25 Years, Grace = 6 Years

Project ID: P161402

Project Description: The project will modernize the urban property tax system, incentivize private sector participation in service delivery, enhance ease of doing business, and improve solid waste management.  


Contacts

Islamabad
Mehreen Saeed
Communications Officer
msaeed@worldbank.org
Washington
Elena Karaban
Senior Communications Officer
ekaraban@worldbank.org
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