The World Bank has approved a 400 million dollar loan for Pakistan, days after the IMF released its latest tranche for the country.
In its statement, the World Bank said the programme focuses on providing clean drinking water and sanitation, which it called essential for the well-being of Pakistan’s children. The funds will also help urban centres in Punjab withstand floods, droughts and other climate pressures.
The Bank said the project will place strong emphasis on women’s participation, especially in recruitment and decision-making roles. The plan includes special grievance desks for women and dedicated training programmes.
According to the World Bank, the initiative will strengthen the financial and administrative capacity of local governments, enabling them to manage water, sanitation and climate-resilience projects more effectively.
