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In late 2009, Pakistan held up many visas for U.S. diplomats, military service members and others, because of hostility inside Pakistan toward the expansion of U.S. operations in the country, [8] while many suspected Americans living in Pakistan were detained following five American terrorists linked to Al-Qaeda arrested in Sargodha. [9] [10] [11]
World Bank projects cover a range of areas from building schools to fighting disease, providing water and electricity, and environmental protection. [5] The World Bank has been criticized as promoting inflation and harming economic development. There has also been criticism of the bank's governance and response to the COVID-19 pandemic.
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.
On 13 December 2019, the project was approved by the government of Pakistan and the World Bank at a total cost of $482.75 million in Islamabad; of this, $22.15 million will be contributed by Pakistan, and the remaining $460.60 million will be based on concessional funding as committed by the World Bank.
The World Bank Group is the globe's most prestigious development lender, bankrolling hundreds of government projects each year in pursuit of its high-minded mission: to combat the scourge of poverty by backing new transit systems, power plants, dams and other projects it believes will help boost the fortunes of poor people.
The World Bank began financing the Kenya Forest Service’s Natural Resources Management Project in 2007. It promised to cover $68.5 million of the project’s $78 million budget in an effort to help the KFS “improve the livelihoods of communities participating in the co-management of water and forests.”
During that period economy of Pakistan remained in poor shape and Pakistan had to go to IMF again for record third in the period of Bhutto government. [3] As per few sources, this was the most corrupt government in the history of Pakistan. This time Pakistan got an amount of US$294,690 (equivalent to $608,108 in 2024) on 13 December 1995. [3]
As with the terms "Asian American" or "South Asian American," the term "Pakistani American" is an umbrella term applying to a variety of views, values, lifestyles, and appearances. Although Pakistani Americans retain a strong ethnic identity, they are known to assimilate into American culture while at the same time keeping the culture of their ...