Islamabad (Web Desk): The World Bank has approved $149.7 million in financing for Pakistan to support two projects related to digital economy and improved flood resilience.
This has been stated in a statement issued by the international financial institution, the Radio Pakistan reported.
The allocated funding of $78 million for the Digital Economy Enhancement Project is expected to enhance financial management through technology-driven solutions and data-driven decision-making.
The investment in digital economy is also likely to streamline public services, increase transparency and foster economic growth.
Simultaneously, the $71.7 million allocation for Sindh Barrages Improvement Project is likely to ensure greater flood resilience.
