Pakistan to pursue full $1.7 billion World Bank loan despite slow reform progress – Investify

Pakistan has announced its willingness to undertake the full contract of a $1.7 billion loan extended by the World Bank, despite the fact that comprehensive reforms remain comparatively slow. Officials have warned that the delayed implementation of fiscal and governance measures could extend compliance periods and drive up borrowing expenses.

The sizable credit package seeks to finance essential infrastructure and social welfare initiatives, but analysts stress the potential impact of unfinished structural changes on tax collection efficiency and on Pakistan’s ability to service the borrowed amount responsibly.

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