KARACHI: The State Bank of Pakistan (SBP) has received 505 million US dollars aid from the World Bank, the central bank announced in a post on Tuesday.

Last month, the State Bank of Pakistan (SBP) had received one billion dollars – 500 million dollars each from the World Bank and the Asian Development Bank.

The ADB approved a $500 million loan to help the country tackle the ongoing coronavirus and strengthen the health sector, while the World Bank approved a $500 million loan to help improve the healthcare and education systems.