World Bank

News Desk ISLAMABAD: The World Bank projects Pakistan's economic growth at 3.8% and a fiscal deficit of 3.5% for the current fiscal year, revealing that the country is home to nearly half of the extremely poor population in the Middle East,…

COLOMBO: The World Bank has approved a financial assistance package of $110 million for the repair and reconstruction of 600 kilometers of roads severely affected by Cyclone Dituwa in Sri Lanka. This funding aims to restore vital…

COLOMBO: The World Bank has approved a financial assistance package of $110 million for the repair and reconstruction of 600 kilometers of roads severely affected by Cyclone Dituwa in Sri Lanka. This funding aims to restore vital…

LONDON: Prime Minister of Pakistan held crucial meetings with senior executives from major global financial institutions in London on Tuesday, aiming to secure support for the country's economic recovery efforts.The discussions focused on…

News Desk KARACHI: Pakistan and the International Monetary Fund (IMF) have officially commenced a crucial round of economic and structural talks in the country's financial hub, marking a significant step in ongoing fiscal evaluations. The…

ISLAMABAD: Major international lenders, spearheaded by the Asian Development Bank (ADB) and the World Bank, have signaled strong interest in funding the strategically vital $6.8 billion Karachi-Peshawar Main Line-1 (ML-1) railway project.…

News Desk ISLAMABAD: Financial experts and economic analysts have underscored the critical imperative for Pakistan to transition away from expensive, high-risk initial borrowing toward cheaper, more sustainable mainstream finance to…

News DeskIslamabad: Pakistan’s development strategy is facing a critical rethink as fiscal constraints force the country to confront a difficult question: how can it invest in education, health, and human development when debt pressures…

Eman FatimaIslamabad: What will it take for the world to listen?In April 2024, UNICEF issued an unprecedented warning: every child in Gaza is in need of mental health and psychosocial support, no exceptions, no qualifications. It…

Sher Ahmed Durrani Islamabad: Balochistan is the largest province in Pakistan, and it stands at a complicated crossroads, struggling to come to terms with deep-seated poverty. This issue goes beyond the realm of economic statistics; it…