East-West Debt oct. 2002 news, update : PAKISTAN
Pakistan The World Bank approved four projects totaling $240 million to support Pakistan's program of reforms, which is in line with the country's Poverty Reduction Strategy and the World Bank's new Country Assistance Strategy (CAS). These projects will strengthen Pakistan's ongoing economic and structural reforms which are aimed at poverty reduction.
The Pakistani government plans to achieve its goals by generating growth, improving governance and human development, improving social service delivery and enhancing social protection and employment opportunities. The World Bank's decision follows a $12.5 billion debt rescheduling agreement concluded with the Paris Club earlier this year.
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