Huge jolt to cash-strapped Pak; World Bank delays $1 Billion loan amid economic crunch

Amid ongoing wheat crisis, more trouble for Shehbaz Sharif led Pakistan. The world bank has delayed the approval of two loans, worth $1.1 billion to pak, tribune reported. The Washington-based lender has decided to withhold approval of the second resilient institutions for sustainable economy (rise-ii) loan worth $450 million and the second programme for affordable energy (pace-ii) worth $600 million. Watch this video for more.