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Najy Benhassine

PM heaps praise on World Bank country director

ISLAMABAD: In a sendoff dripping with praise, the World Bank’s outgoing Pakistan boss Najy Benhassine on Thursday...

Published 20 Jun, 2025 06:20am

Business & Finance

World Bank’s Benhassine lauds Pakistan’s economic turnaround

Najy Benhassine, the outgoing country director of the World Bank, has lauded Pakistan’s economic turnaround, terming...

Updated 19 Jun, 2025 10:59pm

Pakistan

Punjab govt, World Bank agree to boost partnership

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif met Country Director World Bank Najy Benhassine in which it was...

Published 31 May, 2025 05:56am

World Bank seeks alteration in staff security mode of DHP

ISLAMABAD: The World Bank (WB) has sought alteration in security mode of staff working on billions of dollars Dasu...

Updated 19 Apr, 2025 08:49am

Business & Finance

World Bank approves $102m for Resilient, Accessible Microfinance Project

ISLAMABAD: The World Bank’s Board of Directors approved $102 million in financing for the Resilient and Accessible...

Published 20 Mar, 2025 05:30am

Pacts revision with IPPs: Development partners informed of possible scenarios

ISLAMABAD: Federal Minister for Power, Sardar Awais Ahmed Khan Leghari on Monday said negotiations with IPPs are...

Updated 04 Mar, 2025 09:08am

Pakistan

Pakistan, World Bank agree to address smog issue

ISLAMABAD: Pakistan and the World Bank have agreed to address the issue of smog through mutual cooperation. This ...

Published 29 Nov, 2024 07:32am

Pakistan

World Bank, Pakistan combine forces to tackle smog crisis

The World Bank and authorities in Pakistan have agreed to prepare a comprehensive anti-smog plan, as the South Asian...

Updated 28 Nov, 2024 10:41pm

Business & Finance

Govt tells World Bank: Agri tax legislation to be completed in next Jan

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, Tuesday, apprised the World Bank ...

Published 27 Nov, 2024 06:44am

Pakistan

World Bank offers assistance to streamline Pakistan’s budget-making process

The World Bank has offered Pakistani authorities technical assistance to enhance the budget-making process and adopt...

Updated 26 Nov, 2024 10:23pm

Pakistan

World Bank delegation, CM thoroughly examine $3.1bn Sindh portfolio

KARACHI: Sindh Chief Minister Syed Murad Ali Shah met with a World Bank delegation, headed by Country Director Najy...

Published 11 Oct, 2024 06:30am

World Bank pledges $2bn to help govt respond to 2022 floods

ISLAMABAD: The World Bank (WB) had pledged $2 billion, including $1.55 billion for new projects, as support to help...

Updated 09 Oct, 2024 09:04am

World Bank official, FBR chief discuss FBR transformation plan

ISLAMABAD: The Country Director of World Bank, Najy Benhassine along with Tobias Akhtar Haque (Lead Country...

Updated 04 Oct, 2024 09:38am

Business & Finance

World Bank official, Ahsan discuss economic measures

ISLAMABAD: Najy Benhassine, the country director of World Bank called on Minister for Planning, Development and...

Published 28 Sep, 2024 07:16am

Pakistan

World Bank says ready for PPP with Punjab govt in various sectors

LAHORE: The World Bank has expressed its consent for a public-private partnership (PPP) with the Punjab government...

Published 07 Aug, 2024 06:53am

Business & Finance

World Bank approves $535m for social protection, livestock development

ISLAMABAD: The World Bank’s Board of Executive Directors approved $535 million in financing for Pakistan to ...

Published 22 Jun, 2024 06:47am

Pakistan

World Bank approves $1bn financing for Dasu Hydropower Project

The World Bank’s Board of Executive Directors approved $1 billion as the second round of additional financing for...

Updated 11 Jun, 2024 07:52pm

Business & Finance

Macro-economic situation: Aurangzeb briefs World Bank official

ISLAMABAD: South Asia Regional Vice President (SARVP) of the World Bank Martin Raiser called on the Federal Minister...

Published 07 May, 2024 07:07am

Pakistan

World Bank approves $150mn financing for two projects in Pakistan

Amount of $78mn approved for Digital Economy Enhancement Project (DEEP), while $71.7mn sanctioned as second additional financing for Sindh Barrages Improvement Project

Updated 23 Mar, 2024 09:19pm

Opinion

The World Bank says it all

That the growing political uncertainty and institutional imbalances are adversely affecting the country’s perception...

Published 30 Dec, 2023 06:28am

Pakistan

World Bank approves $350mn financing for Pakistan

Funds are to be used for Second Resilient Institutions for Sustainable Economy Operation, which aims to strengthen fiscal management

Updated 20 Dec, 2023 04:58pm

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

World Bank for taxation of agri income, property

ISLAMABAD: The World Bank (WB) has recommended taxation of agricultural income and property, withdrawal of...

Updated 10 Oct, 2023 11:22am

Business & Finance

World Bank revises growth downward to 1.7pc

ISLAMABAD: The World Bank has revised downward Pakistan’s GDP growth projection for the current fiscal year 2023-24...

Published 04 Oct, 2023 06:20am

Pakistan

Pakistan’s GDP projected to recover to 1.7% in FY24: World Bank

This is 'predicated on the robust implementation of the IMF Stand-By Arrangement, new external financing and continued fiscal restraint'

Updated 03 Oct, 2023 10:43pm

‘Dasu transmission line corruption’: NTDC BoD body given 2 more weeks to finalise recommendations

ISLAMABAD: Senate Standing Committee on Power on Tuesday gave an additional two weeks to the Procurement Committee...

Updated 27 Sep, 2023 10:18am

Economic model ‘flops’: Poverty hits 39.4pc mark, say World Bank officials

ISLAMABAD: Pakistan’s current economic development model is no longer reducing poverty and provides few benefits to...

Updated 23 Sep, 2023 05:38pm

Business & Finance

Debt piling up: Borrowing reliance surging to finance twin deficits: World Bank

ISLAMABAD: The World Bank on Friday said Pakistan’s economic model is unsuitable because the country’s borrowing...

Published 23 Sep, 2023 05:58am

Business & Finance

Annual meetings of IMF, WBG Board in October: WB invites Shamshad

ISLAMABAD: The World Bank’s Country Director Najy Benhassine has extended an invitation to caretaker Finance...

Published 22 Sep, 2023 03:33am

Award of ‘dubious’ contract to German firm: Senate panel accuses World Bank official and power secretary of ‘conniving’ with NTDC

ISLAMABAD: The Senate Standing Committee on Power on Thursday accused Country Director World Bank, Najy Benhassine,...

Updated 15 Sep, 2023 09:50am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	145.32
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 19	4.96

Stock	Volume
S&P 500 / Jun 18	5,980.87
Nasdaq / Jun 18	19,546.27
Dow Jones / Jun 18	42,171.66
India Sensex / Jun 20	82,169.24
Tokyo Nikkei / Jun 20	38,403.23
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,829.80
Germany DAX 30 / Jun 20	23,264.83
France CAC40 / Jun 20	7,592.12

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 19	16,785
Gold 10 Grams PKR / Jun 19	307,437
Petrol/Litre / Jun 20	258.43
Crude Oil USD/Barrel / Jun 20	75.66
Gold Spot USD/Ounce / Jun 20	3,350.80
Diesel/Litre / Jun 20	262.59
Cotton US¢/pound / Jun 20	66.53

Gainers
Losers
Leaders

Stock	Price
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	8.40 ▲ 1 (13.51%)
Shaheen Ins. / Jun 20 Shaheen Insurance Company Limited(SHNI)	6.10 ▲ 0.6 (10.91%)
Leather Up Ltd. / Jun 20 Leather Up Limited(LEUL)	39 ▲ 3.55 (10.01%)
Rupali polyester / Jun 20 Rupali Polyester Limited(RUPL)	24.61 ▲ 2.24 (10.01%)
Bhanero Textile / Jun 20 Bhanero Textile Mills Limited(BHAT)	880 ▲ 80 (10%)
Zahid Jee Textile / Jun 20 Zahidjee Textile Mills Limited(ZAHID)	43.66 ▲ 3.97 (10%)
J.A.Textile / Jun 20 J.A. Textile Mills Limited(JATM)	29.18 ▲ 2.65 (9.99%)
Shahzad Tex. / Jun 20 Shahzad Textile Mills Limited(SZTM)	46.57 ▲ 4.23 (9.99%)
Service Textile / Jun 20 Service Industries Textiles Limited(SERT)	23.80 ▲ 2.16 (9.98%)
Chenab Ltd (Pref) / Jun 20 Chenab Limited (Pref)(CLCPS)	3.34 ▲ 0.3 (9.87%)

Stock	Price
Dewan Mushtaq / Jun 20 Dewan Mushtaq Textile Mills Limited(DMTM)	8.88 ▼ -1.54 (-14.78%)
Mahanna Islamic Index / Jun 20 Mahanna Islamic Index Traded Fund(MIIETF)	12.91 ▼ -2.15 (-14.28%)
PIA Holding Co.B / Jun 20 PIA Holding Company Limited B(PIAHCLB)	11,153.80 ▼ -1239.3 (-10%)
Imperial Limited / Jun 20 Imperial Limited(IML)	14.21 ▼ -1.45 (-9.26%)
Pakistan Services / Jun 20 Pakistan Services Limited(PSEL)	900 ▼ -71.99 (-7.41%)
Orient Rental / Jun 20 Orient Rental Mod(ORM)	9.40 ▼ -0.7 (-6.93%)
Pakgen Power / Jun 20 Pakgen Power Limited(PKGP)	181 ▼ -11.29 (-5.87%)
Kohat Textile / Jun 20 Kohat Textile Mills Limited(KOHTM)	92.18 ▼ -4.82 (-4.97%)
Biafo Ind. / Jun 20 Biafo Industries Limited(BIFO)	163.55 ▼ -8.46 (-4.92%)
Sapphire Textile / Jun 20 Sapphire Textile Mills Limited(SAPT)	1,105 ▼ -45 (-3.91%)

Stock	Volume
Yousuf Weaving / Jun 20 Yousaf Weaving Mills Limited(YOUW)	832,746 ▲ 0.2
MACPAC Films / Jun 20 MACPAC Films Limited(MACFL)	713,026 ▲ 1.56
Pak Refinery / Jun 20 Pakistan Refinery Limited(PRL)	543,401 ▲ 0.2
WorldCall Telecom / Jun 20 Worldcall Telecom Limited(WTL)	533,325 ▲ 0.02
Invest Bank / Jun 20 Invest Capital Investment Bank Limited(ICIBL)	301,179 ▲ 0.35
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	279,001 ▲ 0.13
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	232,709 ▲ 1
PIA Holding Co.Ltd / Jun 20 PIA Holding Company Limited(PIAHCLA)	187,358 ▲ 0.5
Bunnys Limited / Jun 20 Bunnys Limited(BNL)	184,782 ▲ 2
Crescent Textile / Jun 20 The Crescent Textile Mills Limited(CRTM)	148,384 ▲ 0.54

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Najy Benhassine

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