World Bank sees oil lower in 2024, but wider Middle East war could spike them WASHINGTON: The World Bank said on Monday it expected global oil prices to average $90 a barrel in the fourth... Published 30 Oct, 2023 04:56pm
Print NTMP-1: World Bank not happy with progress ISLAMABAD: The World Bank (WB) has warned National Transmission and Despatch Company (NTDC) that progress on... Updated 28 Oct, 2023 04:31pm
Pakistan World Bank team meets Secretary Industry, Trade LAHORE: World Bank delegation on Friday called on Secretary Industry and Trade Ehsan Bhutta at the Tevta ... Published 28 Oct, 2023 05:58am
Opinion Developing countries and the challenge of fiscal space Developing countries, in general, are faced with a serious lack of fiscal space to make needed investments to reach ... Updated 27 Oct, 2023 05:58am
Editorials Menace of overloading EDITORIAL: It’s a shame that you can always count on transporters’ associations to throw a fit every time they... Published 26 Oct, 2023 06:08am
Opinion Navigating deep malaise Why is corruption so pervasive in Pakistan? Why do civil institutions consistently fail to deliver? Why is there a... Updated 25 Oct, 2023 06:39am
World Israel-Hamas war risks ‘serious’ economic damage: World Bank president RIYADH: The war between Israel and Hamas could deal a “serious” blow to global economic development, the president... Published 24 Oct, 2023 12:58pm
World Climate ‘loss and damage’ talks end in failure PARIS: A crucial meeting on climate “loss and damages” ahead of COP28 ended in failure Saturday, with countries... Published 22 Oct, 2023 03:20am
Print Different projects/programmes: World Bank for adhering to agreed timelines ISLAMABAD: Expressing concerns at the delays in different projects/programs, the World Bank has urged the... Updated 21 Oct, 2023 04:49pm
World China’s Xi announces over $100 billion in new Belt and Road funding BEIJING: Beijing will inject over $100 billion of new funding into its Belt and Road initiative, President Xi... Published 18 Oct, 2023 01:20pm
World European Parliament approves 50bn euros more for Ukraine STRASBOURG (France): The European Parliament on Tuesday backed giving an extra 50 billion euros ($53 billion) in... Published 18 Oct, 2023 06:09am
Markets Summoning ‘errant’ NTDC Board: Power Division and Senate panel join hands ISLAMABAD: The Power Division and the Senate Standing Committee on Power on Tuesday joined hands to summon the ... Published 18 Oct, 2023 06:09am
Print Discos: PC set to move Cabinet for annulment of provincialisation option ISLAMABAD: The Privatisation Commission (PC) is all set to submit a summary to the Federal Cabinet to scrap the... Updated 18 Oct, 2023 09:08am
Print World Bank agrees to finance $150m cost of EE&C project ISLAMABAD: The World Bank has reportedly expressed willingness to fully finance the $150 million cost of the Energy... Updated 18 Oct, 2023 08:44am
World IMF, World Bank ‘impotent’ on Israel-Gaza war shock as reforms edge forward MARRAKECH: Global finance leaders’ paralysis in addressing the fallout from the Hamas group attack and Israel’s... Published 16 Oct, 2023 11:14am
Opinion On the edge of a precipice The World Bank recently warned that Pakistan’s economy is on the edge of a precipice. Any more of the same will... Published 16 Oct, 2023 05:47am
Print Funding for energy efficiency project: EAD asked to get firm World Bank commitment ISLAMABAD: The Central Development Working Party (CDWP) has directed Economic Affairs Division (EAD) to get firm... Updated 16 Oct, 2023 08:48am
Print Pakistan flood relief: $400m World Bank loan not in jeopardy, says ministry ISLAMABAD: The Ministry of Planning, Development & Special Initiatives of Pakistan has issued a statement that... Updated 16 Oct, 2023 09:42am
Print Punjab Human Capital Investment Project: Implementation progress rated ‘moderately unsatisfactory’ by World Bank ISLAMABAD: The World Bank (WB) has rated the overall implementation progress of Punjab Human Capital Investment... Updated 16 Oct, 2023 08:46am
Pakistan Finance Minister underscores commitment to address climate challenges The session was also joined by representatives from Tajikistan and Malawi, according to a press release issued by the Ministry of Finance Updated 15 Oct, 2023 09:43am
Print Global tax policy reforms: Shamshad attends roundtable for G-24 ISLAMABAD: Caretaker Minister for Finance, Revenue and Economic Affairs Dr Shamshad Akhtar has expressed a firm... Updated 15 Oct, 2023 10:41pm
Print Unique economic contexts of partnering countries: Pakistan for customizing IMF programmes Minister for Finance shares insights and perspectives for ensuring effective collaboration between governments and international financial institutions Updated 15 Oct, 2023 10:50pm
World IMF, World Bank urge funds for poverty, climate fights MARRAKESH, (Morocco): The heads of the IMF and World Bank urged member nations on Friday to boost the funding... Published 14 Oct, 2023 05:32am
Editorials Sheer blackmail EDITORIAL: With revenue-specific conditions of the IMF programme necessitating a progressive revision of the tax... Published 14 Oct, 2023 05:32am
Pakistan PKRC demands debt cancellation LAHORE: The Pakistan Kissan Rabita Committee (PKRC) on Thursday held a demonstration in the provincial metropolis to... Published 13 Oct, 2023 05:50am
Print Real time basis: FBR asked to evaluate housing schemes in posh areas ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) that the housing schemes in... Updated 13 Oct, 2023 09:51am
World Israel-Hamas war a ‘new cloud’ over world economy: IMF MARRAKESH, (Morocco): The war between Israel and Hamas has darkened the horizon for a world economy that was already... Updated 13 Oct, 2023 08:18am
Pakistan World Bank -funded projects: Wapda chief briefs team about progress LAHORE: Chairman WAPDA Engr Lt Gen Sajjad Ghani (retd) briefed World Bank delegation about progress on the World ... Published 12 Oct, 2023 05:57am
Markets Japan, World Bank launch project to diversify energy supply chain MARRAKECH (Morocco): Japan, the World Bank and several partner countries on Wednesday launched a $40 million... Published 12 Oct, 2023 05:57am
Print Govt’s sell-off agenda attracts World Bank’s attention South Asia Practice Manager for Energy at the World Bank, and his team meets Fawad Hasan Fawad Updated 12 Oct, 2023 09:54am
