The _____ on June 10, 2024, has approved a $1 billion loan for Pakistan to support the Dasu Hydropower Project.

A. Asian Development Bank
B. World Bank
C. Asian Infrastructure Investment Bank
D. International Monetary Fund

Answer

Correct Answer: B. World Bank


Detail About MCQs

The World Bank’s Board of Executive Directors approved on Monday $1 billion in a second round of additional financing for the DASU Hydropower Project (DHP). The financing will support the expansion of hydropower electricity supply, improve access to socio-economic services for local communities, and build the Water and Power Development Authority’s (WAPDA) capacity to prepare future hydropower projects.  

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