SBP receives more than $500 million from World Bank

SBP receives more than $500 million from World Bank

Karachi (Web Desk): The State Bank of Pakistan (SBP) has received $505.5 million from the World Bank.


“SBP has received USD 505.5 mn today from WorldBank,” the central bank said in a tweet.

Pakistan had signed two loan agreements valuing $750 million with the World Bank (WB) and the Asian Infrastructure Investment Bank (AIIB) for the Resilient Institutions for Sustainable Economy (RISE) programme.