World Bank approves $300 mn loan for clean air project in Pakistan's Punjab

Quick Summary:

It will support the Punjab government's Smog Mitigation Action Plan' (SMAP) in tackling the pressing issue of smog and air pollution with the launch of several comprehensive initiatives aimed at improving air quality and public health across the province.

The loan provided under the International Development Association (IDA) for the Punjab Clean Air Programme (PCAP) was approved by the World Bank Group's board of directors on Friday, the Dawn newspaper reported.

The World Bank has approved a USD 300 million loan for Pakistan to combat air pollution in its Punjab province, according to a media report on Sunday.

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Category: BusinessFinance

Markets: IndiaPakistan

Topics: Clean air project World Bank Punjab Clean air Pakistan Air pollution

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-30 @ 10:44:02 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 445 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 32 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 27425889

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