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ISLAMABAD:Two policy loans of the World Bank worth $900 million have not achieved most of their goals that were aimed at ensu
jordan35 ring inclusive economic growth in Pakistan. The failure comes due to a flawed plan and institutional capacity constraints, reveals a report of the Independent Evaluation Group (IEG) of the Washington-based lender.The IEG report has declared the performance of Fiscally Sustainable and Inclusive Growth Development Policy Credits moderately satisfactory . The IEG has also declared the performance of Pakistan and the World Bank moderately satisfactory.The IEG works independently of the World Bank management and reports directly to
airmax the executive board. The World Bank had approved two policy loans, $400 million in May 2014 and $500 million in June 2015, to help the then PML-N government put the economy on a sustainable pa
air force mujer th of development.World Bank asks Pakistan to accept Indian proposalHowever, findings of the IEG report underpinned apprehensions that the money wa Diwl Langove seeks world attention on Kashmir situation
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