Question
The World Bank has granted a loan of $150 million to
_______ for improving finances and public services.Solution
The World Bank has granted a loan of $150 million to help Punjab in managing financial resources and ensure accessible public service. The $150 million loan has a maturity period of 15 years which includes 6 months period.The main aim of providing monetary support to the state to bolster the capabilities of various government departments, help them manage fiscal risks, and make informed policy choices to support sustainable growth.
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