Pakistan Revenue
KARACHI: The World Bank on Tuesday approved $500 million in financing for the Resilient Institutions for Sustainable Economy program (RISE) to help Pakistan strengthen fiscal management. A statement issued by The World Bank’s Board of Executive Directors approved today $500 million in financing for the Resilient Institutions for Sustainable Economy program (RISE) to help Pakistan […]
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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 safety nets as the country braces to limit the impact of the COVID-19 pandemic. The Securing Human Investments to Foster Transformation (SHIFT) program […]
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WASHINGTON: The World Bank has approved $300 million to support human capital and livelihoods in Pakistan, said a statement on Wednesday. Pakistan is accelerating investments in health care and education to prepare children to reach their productive potential and generate wealth. Today the World Bank committed $200 million for the Punjab Human Capital Investment Project […]
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ISLAMABAD: The finance ministry on Thursday said that the economy likely to grow better than forecast of World Bank. The ministry said that the government’s extensive measures have helped the economy move progressively along the adjustment path and stabilization process and economic recovery is expected towards the end of FY2020. “The government is focused on […]
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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. A statement on Friday said that IFC led the financing of a first-of-its-kind program to build six wind power projects in Pakistan, named the Super Six, with a total investment […]
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ISLAMABAD: Prime Minister Imran Khan has appreciated the World Bank’s financial and technical support to Pakistan. He said this while welcoming World Bank Group President David R. Malpass here on Thursday.The prime minister reiterated the government’s resolve towards strengthening of economy, ensuring transparency and good governance, institutional reforms, tax reforms and socio-economic development of the […]
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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 on April 9, 2019. While in Pakistan, Malpass will meet with Prime Minister Imran Khan. He will also meet the Chief Minister of […]
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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. A study of the World Bank Group’s Doing Business 2020 said that due to a concerted improvement in business regulation, Pakistan climbed 28 places and rose to a rank of […]
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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 providing better services to the people. The $400 million Pakistan Raises Revenue Project will support the Federal Board of Revenue’s (FBR) focus to […]
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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 first company in Pakistan to obtain the leading global assessment and business certification for gender equality—EDGE (Economic Dividends for Gender Equality), a press […]
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