World Bank

World Bank approves $21 million for infrastructure in Balochistan

World Bank has granted approval for a substantial amount of $21 million to aid the… Read More

Food prices hike badly affects purchasing power in Pakistan: WB

ISLAMABAD: The World Bank has ringed the warning bell for Pakistan in a report over… Read More

Pakistan needs massive investment in human capital: WB report

ISLAMABAD: The World Bank in a report pointed out that Pakistan faces deep human capital… Read More

Ishaq Dar holds virtual meeting with WB South Asia vice president

ISLAMABAD: Finance Minister Senator Ishaq Dar on Friday held a virtual meeting with Martin Raiser,… Read More

Ishaq Dar attends IMF, World Bank’s Spring meetings

ISLAMABAD: Finance Minister Senator Ishaq Dar attended IMF/World Bank Spring meetings through Zoom with high… Read More

World Bank cuts Pakistan’s GDP forecast on rising rates, limited fiscal space

The World Bank sharply lowered Pakistan's current-year growth forecast, saying the country's economic growth prospects… Read More

Joe Biden nominates former Mastercard CEO Ajay Banga to head WB

WASHINGTON: US President Joe Biden nominated former Mastercard Inc (MA.N) CEO Ajay Banga to lead the… Read More

WB says Pakistan’s economy needs reforms

ISLAMABAD: The World Bank (WB) has said Pakistan’s economy can grow sustainably only if the… Read More

Ishaq Dar commends World Bank’s support in flood rehabilitation

ISLAMABAD: Finance Minister Ishaq Dar on Tuesday commended the support of World Bank in flood… Read More

Rice production falls by 6 million tons amid disastrous floods: World Bank

ISLAMABAD: The world bank reports stated that rice production in Pakistan fell by 6 million… Read More

World Bank rejects reports of delay in loans’ approval

ISLAMABAD: World Bank Country Director for Pakistan Najy Benhassine on Thursday rejected reports of delay… Read More

World Bank cuts Pakistan’s GDP growth forecast to 2pc

The World Bank has slashed Pakistan's GDP growth projection from four 4 per cent to… Read More

World Bank, IDB pledge $6.2bn for Pakistan’s flood victims

GENEVA: The Islamic Development Bank (IDB) and the World Bank has announced pledges of a… Read More

World Bank approves $1.69bn in flood relief to Pakistan

The World Bank’s Board of Executive Directors on Tuesday approved $1.692 billion in financing for… Read More

World Bank slashes China growth forecasts

The World Bank on Tuesday slashed its China growth forecast for the year as the… Read More

World Bank chief says poorest countries owe $62 bln on bilateral debt

WASHINGTON: The world's poorest countries now owe $62 billion in annual debt service to official… Read More

World Bank to provide support worth $1.3b to flood-hit farmers

ISLAMABAD: The World Bank (WB) will provide financial support of $1.3 billion for emergency, agriculture,… Read More

World Bank to provide $500m to Pakistan for flood-relief

The World Bank on Wednesday issued a circular announcing the provision of Pakistan with a… Read More

IMF lauds Pakistan’s policies, assures continued support

ISLAMABAD: The International Monetary Fund (IMF) has lauded policies taken by Pakistan and assured its… Read More

World Bank to provide $2bn for Pakistan flood relief

ISLAMABAD: World Bank Saturday announced the allocation of $2 billion in funds from existing projects… Read More