ISLAMABAD – Good news for the Pakistan’s economy as the World Bank on Tuesday approved a $1 billion loan for Pakistan.
According to the statement, the World Bank approved the loan for the Dasu Hydropower Project.
The amount would be spent on Phase One of the Dasu Hydropower Project.
According to the World Bank, the project would improve and expand electricity supply.
The World Bank’s statement said that the project provide the public with access to socio-economic facilities.
Upon completion, the project would generate 4,320 to 5,400 megawatts of electricity.
It may be mentioned here that the Dasu Hydropower Project is one of the best sites in the world and is located in the Kohistan district of Khyber Pakhtunkhwa province.
