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Maroc Maroc - Times of India - Top Stories - 14/Dec 11:06

Why World Bank cancelled $500 million loan to Pakistan

The World Bank has halted a $500 million loan to Pakistan due to unfulfilled conditions, including revisions to a China-Pakistan Economic Corridor agreement. This leaves a $2.5 billion financing gap, exacerbated by the cancellation of another loan related to clean energy.

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