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  • Thu. Nov 21st, 2024

World Bank to offer $1 billion loan for social protection

World Bank to offer $1 billion loan for social protection

NEW DELHI: After health care, the

World Bank

on Friday said it had actually cleared a $1 billion support for social security and is in talks with the government for funding efforts to help micro, little and medium enterprises (MSMEs).

World Bank nation director Junaid Ahmad did not elaborate on the size of the loans for MSMEs, stating they were being negotiated. He, however, matched the federal government’s technique, concentrating on health care, social protection and economic stabilization.

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