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$940m loans reignite debate
Summary by The Express Tribune
1 Articles
1 Articles
$940m loans reignite debate
Pakistan has secured nearly $940 million in new development financing from the Asian Development Bank (ADB) and the World Bank to support state-owned enterprise (SOE) reforms, climate resilience in Sindh, and improved urban services in Punjab. While officials describe these interventions as critical for governance reforms and climate adaptation, economists caution that Pakistan's persistent reliance on external borrowing underscores deep structu…
·Pakistan
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