Pakistan Revenue
KARACHI: The Executive Board of the World Bank has approved a financing of $442 million to support Pakistan in improving access to water and sanitation services for the vulnerable rural communities in Punjab province, a statement on Saturday. It said that the Punjab Rural Sustainable Water Supply and Sanitation Project (PRSWSSP) will help upgrade water […]
Continue Reading
ISLAMABAD: The World Bank’s Board on Friday approved the restructuring of the Pandemic Response Effectiveness in Pakistan (PREP) project, originally approved in April 2020, to redeploy $153 million to support the ongoing national vaccine drive in Pakistan. These funds, redeployed at the request of the federal government, will help finance the purchase and deployment of […]
Continue Reading
ISLAMABAD: The World Bank and Federal Board of Revenue (FBR) on Friday discussed reform program worth $400 million, which is aimed at automation of tax collection and simplification of tax compliance.
Continue Reading
ISLAMABAD: Federal Minister for Finance, Revenue, Industries and Production, Mohammad Hammad Azhar on Tuesday said that harmonization of general sales tax is priority area of the government. Hammad Azhar, held a virtual meeting with Hartwig Schafer, Vice President South Asia Region, World Bank Group at the Finance Division. The federal and provincial tax authorities are […]
Continue Reading
ISLAMABAD: Federal Board of Revenue (FBR) has started harmonizing Inland Revenue codes in order to simplify and consolidate the tax laws, sources said on Wednesday. The harmonization of IR codes has been started under World Bank funded ‘Pakistan Raises Revenue Project’. The FBR said that it had received financing from the World Bank towards the […]
Continue Reading
KARACHI: The World bank is hosting a webinar on ‘Consultative Dialogue on the State Bank of Pakistan’s Gender Financial Inclusion Policy – Banking on Equality’ on Tuesday, February 23, 2021, a statement said on Sunday. During the webinar, Governor SBP, Dr. Reza Baqir will moderate a high profile international panel discussion. The State Bank of […]
Continue Reading
ISLAMABAD: The executive board of the World Bank has approved $300 million for financing two projects in Pakistan – the Sindh Resilience Project and the Solid Waste Emergency and Efficiency Project. These investments will bolster Pakistan’s efforts to build resilience to natural hazards such as floods and droughts in the Sindh province, and will strengthen […]
Continue Reading
ISLAMABAD: The World Bank (WB) on Tuesday launched a study suggesting that Pakistan should quickly implement a major scale-up of solar and wind generation.
Continue Reading
ISLAMABAD: The World Bank will provide a concessional financing to support Pakistan’s two power projects. Prime Minister Imran Khan today witnessed the signing ceremony of two financing agreements worth $ 1.15 billion with the World Bank. This is concessional financing being provided by the World Bank for the two projects to support hydropower and renewable […]
Continue Reading
ISLAMABAD: World Bank has appointed Najy Benhassine as new Country Director for Pakistan effective August 1. He succeeds Illango Patchamuthu, who completed his term on July 31, a statement said on Monday. Benhassine most recently served as Regional Director for Equitable Growth, Finance and Institutions in the Middle East and North Africa. Prior to this, […]
Continue Reading