Islamabad: The World Bank has approved a loan of US $ 500 million to Pakistan due to the global epidemic coronavirus. The World Bank has restored Pakistan's budgetary support after four years. According to a media report, a loan of US $ 500 million has been sanctioned to the country to help mitigate the adverse effects of the coronavirus epidemic.

The World Bank's Executive Board of Directors on Friday approved a 500 million program that will help Pakistan improve healthcare and education, support financial opportunities for women and limit the impact of Corona. The Express Tribune gave this information, citing a statement from the local office of the Washington-based lending agency.

Pakistan's budget support loan was suspended by the World Bank in 2017 due to declining macroeconomic indicators. Now the World Bank has decided to double the amount of $ 250 million after the corona outbreak. Let me tell you that Pakistan will have to repay the loan of 500 million dollars in 30 years.

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