World Bank approves $500 million to help Pakistan’s COVID-19 emergency response

WASHINGTON: The World Bank’s Board of Executive Directors approved today a $500 million program to help Pakistan improve access to quality healthcare and education, support economic opportunities for women, and strengthen social... Read more »

World Bank approves $300 million to support Pakistan human capital, livelihoods

WASHINGTON: The World Bank has approved $300 million to support human capital and livelihoods in Pakistan, said a statement on Wednesday. Read more »

Economy likely to grow better than World Bank forecast: finance ministry

ISLAMABAD: The finance ministry on Thursday said that the economy likely to grow better than forecast of World Bank. Read more »

World Bank’s IFC signs financing agreement to build six power projects in Pakistan

ISLAMABAD: IFC, a member of the World Bank Group, has signed a financing agreement of $450 million to build six wind power projects in Pakistan. Read more »

Imran Khan appreciates World Bank’s financial, technical support to Pakistan

ISLAMABAD: Prime Minister Imran Khan has appreciated the World Bank’s financial and technical support to Pakistan. Read more »

World Bank Group President arrives for three-day visit

ISLAMABAD: David Malpass, President of World Bank Group will arrive in Islamabad today Wednesday, October 30, 2019 for a three-day visit, his first trip to Pakistan since assuming World Bank Group leadership... Read more »

Pakistan among top 10 improvers in World Bank’s ease of doing business

ISLAMABAD: The World Bank on Thursday said that the enactment of six regulatory reforms has landed Pakistan among the world’s top 10 business climate improvers. Read more »

World Bank approves $518 million for Pakistan’s efforts to raise domestic revenue

ISLAMABAD: The World Bank on Friday approved a package of $518 million for two projects in support of Pakistan’s ambitious efforts to raise revenue and reduce compliance cost with a goal of... Read more »

World Bank helps Sarena Hotels to obtain global business certification for gender equality

ISLAMABAD: International Finance Commission (IFC), a member of the World Bank Group, is partnering with one of the largest hotel chains in South Asia, Serena Hotels Pakistan, to help it become the... Read more »

Massive cut in tax exemptions, concessions likely in budget 2019/2020

ISLAMABAD: The government has planned to a massive cut tax in exemptions and concessions in the budget 2019/2020, which is scheduled to be announced on June 11, 2019. Read more »