Islamabad (HRNW) The World Bank has approved a $800 million loan to Pakistan to help the country’s economy recover after COVID-19 pandemic, Radio Pakistan reported.
According to the state-run radio, the loan agreement was signed by the federal secretary of the Ministry of Economic Affairs and World Bank’s Acting Country Director Melinda Good.
The ministry said in a statement that the loan program will help the government address the direct and indirect impacts of COVID-19 pandemic, strengthen the health and education systems.
The government’s plan is to vaccinate 70 million people–around 70% of the vaccine-eligible adult population–by the end of 2021.
The virus has so far claimed 22,281 lives in Pakistan, while the total number of confirmed cases in the country stands at 957,371.
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