Pakistan, World Bank sign $918 million loan agreements

ISLAMABAD: Pakistan and World Bank (WB) Tuesday signed three loan agreements worth US$ 918 million to help support revenue mobilization and higher education development in the country.

The agreements were signed by Secretary, Economic Affairs Division, Noor Ahmed on behalf of federal government, WB Country Director and World Bank, Patchamuthu Illangovan while the representatives of Higher Education Commission (HEC) and Government of Khyber Pakhtunkhwa signed their respective Project Agreements.

Adviser to the Prime Minister on Finance, Revenue and Economic Affairs, Dr. Abdul Hafeez Shaikh, witnessed the signing ceremony.