UK increases its financing to support businesses in Pakistan

The United Kingdom (UK) has decided to increase its funding from 400 million pounds to one billion pounds, in order to finance projects and encourage British firms to set up in Pakistan. As Pakistan’s rating improves on the World Bank’s ease of doing business index, UK will provide direct lending into projects like infrastructure, roads, hospitals, and schools.

Improvement in placement in the WB ranking proves that Pakistan is taking serious measures to provide sustainable environment for conducting business to attract higher Foreign Direct Investments (FDIs).

Source: ExpressTribune