Islamabad, December 20, 2025 – The World Bank Board of Executive Directors has approved $700 million in financing for Pakistan’s Public Resources for Inclusive Development – Multiphase Programmatic Approach (PRID-MPA), a multi-year initiative aimed at strengthening macroeconomic stability and improving public service delivery.
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World Bank approves $400 million to boost water and sanitation services in Punjab
Islamabad, December 12, 2025 – The World Bank has approved $400 million in financing for a major new initiative aimed at expanding access to safe drinking water, sanitation, and hygiene services across Punjab. The project, known as the Punjab Inclusive Cities Program (PICP), will also strengthen the financial and institutional capacity of local urban administrations in 16 secondary cities.
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World Bank warns of rising poverty in Pakistan
Islamabad, September 23, 2025 – The World Bank has sounded the alarm over Pakistan’s worsening economic challenges, highlighting a troubling reversal in the country’s fight against poverty.
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World Bank urges Pakistan: scrap regulatory duty, ACD fast
ISLAMABAD – In a landmark recommendation, the World Bank has urged Pakistan to fully phase out regulatory duties (RDs) and Additional Customs Duties (ACDs), as part of a comprehensive tariff reform agenda aimed at reviving the country’s struggling export sector.
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World Bank reopens Kabul office, resumes payments
In a significant development for Afghanistan’s struggling economy, the World Bank has officially reopened its office in Kabul and announced the phased resumption of payments to local logistics and construction companies.
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Pakistan’s tax system overburdens poor, hinders growth: WB
KARACHI, May 14, 2025 — The World Bank has raised serious concerns about the structure and effectiveness of Pakistan’s tax system, highlighting its limited revenue generation, economic distortions, and disproportionate impact on low-income groups.
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World Bank flags Pakistan for lowest tax buoyancy among EMDEs
Pakistan has once again been identified by the World Bank as having one of the weakest tax buoyancies among Emerging Market and Developing Economies (EMDEs), placing it in the bottom quartile.
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World Bank lowers Pakistan’s GDP growth forecast to 2.7%
The World Bank has slightly lowered its GDP growth projection for Pakistan to 2.7% for the fiscal year 2025, down from its earlier forecast of 2.8%.
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World Bank Okays $300 Million for Punjab Air Quality Improvement
The World Bank Group Board of Directors has given the green light for a $300 million International Development Association (IDA) loan to support the Punjab Clean Air Program (PCAP).
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Pakistan, World Bank Discuss Tax Policy Framework
Islamabad, November 26, 2024 – Pakistan and the World Bank held discussions on Tuesday to develop a robust and transparent tax policy framework aimed at boosting revenue mobilization, improving compliance, and ensuring equitable taxation.
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