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| | News - Pakistan's: World Bank Approves US $200 Million to Improve National Highways |
 | | The Highways Rehabilitation project, partly funded with a US $150 million credit and a 50 million loan*, will finance approximately 856 km of national highway improvements along the Peshawar-Islamabad-Lahore-Karachi corridor (national highways N-5 and M-9), while supporting key reforms to ensure sustainable delivery of a productive and efficient national highway network. |
 | | These reforms include adoption of a medium term budgetary framework, operation of a road maintenance account, and a program to improve the performance and efficiency of the National Highways Authority (NHA), explains John Wall, World Bank's Country Director in Pakistan. |
 | | Washington, 23 September 2003 — Pakistan's trade competitiveness will be boosted by a US $200 million World Bank supported program to reduce road transport costs and improve safety on the country's national highways. |
| web.worldbank.org /WBSITE/EXTERNAL/NEWS/0,,contentMDK:20147603~menuPK:34463~pagePK:64003015~piPK:64003012~theSitePK:4607,00.html (505 words) |
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