More trouble for Pakistan as World Bank reportedly delays loans worth more than $1 billion
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Content Team
Image Credit: FPJ
Following a devastating flood that ruined crops and livestock across Pakistan, leaving the country's economy in a bad shape, it was removed from the FATF grey list that monitors countries funding terror. Now reports are suggesting more trouble for Pakistan, as the World Bank has once again delayed the approval for loans worth $1.1 billion. World Bank has pushed off the funding for Pakistan citing pending changes to its energy debt management plan.
