World Bank Links $600 Million to Wheat and Sugar

The World Bank has linked a proposed $600 million loan to Pakistan with reforms in wheat and sugar. The World Bank link is a condition on a proposed loan, not a payment the update says has already been made.

The sectors named are wheat and sugar. The update does not list the reform measures themselves, and it does not say the $600 million has been released.

What the World Bank has tied to the loan

The amount is $600 million. The status is proposed. The condition described is reforms in wheat and sugar. No separate list of those reforms is given, and no disbursement date is given.

Our verdict

A proposed World Bank loan of $600 million is tied to wheat and sugar reforms in Pakistan. The update links the money to those reforms and does not say it has been paid out.

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