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Parliament Approves $300 Million World Bank Loan Following Minister Amin Adam’s Intervention on $449 Million Tax Waiver

Parliament has granted approval for a $300 million loan from the World Bank, designated to support the First Resilient Recovery Development Policy Financing. This funding is deemed critical for the government’s execution of outlined policies in the 2024 Budget. Initially facing resistance from the minority, who stipulated their backing on …

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