SFDA warns against using Country Butcher Boy Beef Pepperoni due to Listeria contamination    Saudi funding to establish 2 hospitals in Tunisia    Over 16 million people visit Riyadh Season in 3 months    Crown Prince calls Lebanese President Aoun; invite him to visit Saudi Arabia    Al-Ahli defeats Al-Shabab 3-2 in Saudi Pro League thriller    Mel Gibson says his home burned down in LA fires    Violent protests in China after student falls to his death    Viral plea on social media saves Chinese actor from Myanmar's scam centers    Donald Trump spared jail and fine in New York hush money sentencing    Karim Benzema reconnects with Real Madrid roots during visit to their base in Jeddah    Real Madrid sets up Spanish Super Cup final clash with Barcelona in Saudi Arabia    Al Nassr stages comeback to defeat Al-Okhdood 3-1 in Saudi Pro League match    Al-Jasser inaugurates phased operation of Terminal 1 at Riyadh airport    SFDA warns of potential risks associated with high doses of Ginseng    GASTAT: Industrial Production Index rises by 3.4% in November 2024    Minimum 30-day validity of Iqama is required to issue final exit visa    Al-Qaryan Group begins 125,000 m2 decommissioning project for Ibn Rushd in Yanbu    Oscar nominations postponed because of LA fires    Islamic Arts Biennale 2025 to witness first-ever display of full kiswah of Kaaba outside Makkah city    Demi Moore continues comeback with Golden Globe win    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



WB to provide $ 1.4 billion to Pakistan this year
12 WASHINGTON Published in Saudi Press Agency on 12 - 10 - 2008

The World Bank has pledged to provide $ 1.4 billion support for Pakistan in the current year which can be front-loaded to fast track investment projects and budgetary lending.
The amount includes $ 600 million for investment portfolio and $ 800 million for budget support as macroeconomic stabilization program moves forward, Associated Press of Pakistan reported.
The offer, first made by World Bank President Robert Zoellick at a meeting with President Asif Ali Zardari last month in New York, was reiterated Saturday as Pakistan's Adviser on Finance met with the Bank's Managing Director Ms. Ngozi Okonjo-Iweala.

Clic here to read the story from its source.