The World Bank has delayed approval of loans worth 1.1 billion dollars

The World Bank has postponed the approval of loans of 1 billion 10 million dollars, the approval of the loan for Pakistan has been postponed until the next financial year.

The World Bank also opposed the imposition of a flood levy on imports, a World Bank loan worth $450 million for a sustainable economy.

A loan of 60 million dollars for cheap energy was also deferred.

The spokesperson of the World Bank says that the board discussion for a sustainable economy is expected in the fiscal year 2024.

According to World Bank documents, loans for affordable energy may also be sanctioned in the next financial year.

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