Trends - World Bank - Business Recorder

World Bank

Talks with IMF in the right direction: Tarin

NEW YORK: Adviser to Prime Minister Shaukat Tarin has dismissed reports that the talks between Pakistan and the...

Published 19 Oct, 2021 03:52am

No fear of inflation 'runaway train': IMF chief

WASHINGTON: Global finance officials are worried about rising inflation pressures but there it is little fear that ...

Updated 18 Oct, 2021 11:51am

Opinion

Supply chains, inflation overshadow vaccine, debt woes at IMF-World Bank meetings

Supply chain woes and growing inflation concerns pushed aside a widening gap in COVID-19 vaccinations and mounting...

Published 17 Oct, 2021 04:41am

PD estimates reduction of net subsidy by 30pc

ISLAMABAD: Power Division has estimated a reduction of net subsidy by 30 percent to Rs 168 billion from Rs 240...

Published 16 Oct, 2021 04:50am

Opinion

Hard choices loom for finance chiefs and their climate pledges

In speeches and communiques from top finance officials at the annual meetings of the IMF and World Bank this week,...

Published 16 Oct, 2021 04:49am

Business & Finance

In meeting with World Bank chief, Pakistan reiterates resolve to address power sector woes

High-level delegation meets World Bank's managing director in Washington

Published 15 Oct, 2021 02:23pm

Markets

Hard choices loom for finance chiefs and their climate pledges

WASHINGTON: In speeches and communiques from top finance officials at the annual meetings of the IMF and World Bank...

Published 15 Oct, 2021 09:57am

World

Turkey set to receive 3.1bn euro loans to help Paris climate goals

ANKARA: Turkey is set to receive loans worth 3.1 billion euros to help it meet clean energy goals set out in the...

Published 15 Oct, 2021 04:08am

Opinion

Politics and Bretton Woods institutions

‘The “Doing Business” controversy has shaken confidence in the World Bank and the IMF. But it must not obscure...

Published 15 Oct, 2021 04:08am

IMF, G20 fret over supply chain bottlenecks, inflation fears

WASHINGTON: Global finance officials gathered in Washington on Wednesday were focused on finding a way to alleviate...

Updated 15 Oct, 2021 09:25am

World

Turkey set to receive 3.1bn euro loans to help Paris climate goals

ANKARA: Turkey is set to receive loans worth 3.1 billion euros to help it meet clean energy goals set out in the...

Updated 14 Oct, 2021 07:12pm

Business & Finance

Need to step beyond 'conventional roles' to counter crisis: Dr Reza Baqir

SBP governor shares three lessons on how central banks could handle a pandemic-like situation

Published 13 Oct, 2021 03:07pm

Govt agrees to pass withheld power tariff raise on to consumers

ISLAMABAD: The government has reportedly agreed to pass the withheld determined power tariff increase of Rs 1.39 per...

Updated 13 Oct, 2021 09:56am

Editorials

Govt needs Tarin more than he needs govt?

EDITORIAL: The departure of Federal Finance Minister Shaukat Tarin to attend the International Monetary Fund...

Updated 13 Oct, 2021 02:27pm

Tarin to become adviser to PM?

ISLAMABAD: Finance Minister Shaukat Tarin is likely to be appointed as Adviser to Prime Minister on Finance on...

Updated 12 Oct, 2021 09:41am

World Bank estimates Pakistan's external debt stocks at $108.53bn

ISLAMABAD: The World Bank has estimated Pakistan's total external debt stocks at $108.530 billion by end 2020...

Updated 12 Oct, 2021 10:17am

Poorer countries: WB seeks $100bn in donations

WASHINGTON: The World Bank hopes to raise $100 billion in donations for the International Development Association...

Published 12 Oct, 2021 03:23am

World

Poor countries' debt rose 12% to record $860bn in 2020: World Bank

WASHINGTON: The debt burden of the world's low-income countries rose 12% to a record $860 billion in 2020 as...

Published 11 Oct, 2021 06:40pm

Markets

IMF says still no decision on whether Georgieva keeps her job

WASHINGTON: The International Monetary Fund said Sunday it still hasn't reached a decision on whether its embattled...

Published 11 Oct, 2021 09:50am

IMF board meets for more talks on Georgieva's future

WASHINGTON: The International Monetary Fund's executive board will meet again on Sunday with Managing Director...

Updated 11 Oct, 2021 09:35am

Georgieva fights to keep IMF role, with decision expected 'very soon'

WASHINGTON: Embattled International Monetary Fund chief Kristalina Georgieva was fighting for her professional life...

Published 10 Oct, 2021 04:17am

World

Georgieva fights to keep IMF role, with decision expected 'very soon'

WASHINGTON: Embattled International Monetary Fund chief Kristalina Georgieva was fighting for her professional life...

Updated 09 Oct, 2021 07:48pm

World Bank lowers GDP forecast, projects higher inflation in FY22

Report says that Pakistan's GDP is estimated to have grown by 3.5 percent in the fiscal year 2021

Updated 08 Oct, 2021 10:17am

World

Cash airlifts planned to bypass Taliban and help Afghans

BRUSSELS/FRANKFURT/WASHINGTON: As desperate Afghans resort to selling their belongings to buy food, international...

Published 08 Oct, 2021 04:30am

Markets

World Bank ups Russia's 2021 GDP forecast but warns of sanctions impact

MOSCOW: Russia's economic recovery will be stronger than expected this year but US sanctions, a poor vaccination ...

Published 06 Oct, 2021 11:43am

Commodity prices, interest rates: Poor country debt could worsen: WB chief

CAIRO: The debt situation for poor countries could worsen due to volatile commodity prices and higher interest ...

Updated 01 Oct, 2021 09:48am

World

Technology

In Pakistan, about 42.4pc of freelancers are in software development: World Bank

ISLAMABAD: About 42.4 percent of freelancers in Pakistan are in software development, making up about 10.5 percent ...

Updated 30 Sep, 2021 12:02pm

Gainers
Losers
Leaders

Stock	Price
786 Investments / Oct 19 786 Investments Limited(786)	7.10 ▼ 0.00 (0.00%)
AL- Abbas / Oct 19 Al-Abbas Sugar Mills Limited(AABS)	282.01 ▼ 0.00 (0.00%)
Agro Allianz / Oct 19 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 19 Allied Bank Limited(ABL)	77.76 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 19 Abbott Laboratories (Pakistan) Limited(ABOT)	779.91 ▼ 0.00 (0.00%)
Abson Ind. / Oct 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Oct 19 Attock Cement Pakistan Limited(ACPL)	137.00 ▼ 0.00 (0.00%)
Adam Sugar / Oct 19 Adam Sugar Mills Limited(ADAMS)	31.20 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Oct 19 786 Investments Limited(786)	7.10 ▼ 0.00 (0.00%)
AL- Abbas / Oct 19 Al-Abbas Sugar Mills Limited(AABS)	282.01 ▼ 0.00 (0.00%)
Agro Allianz / Oct 19 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 19 Allied Bank Limited(ABL)	77.76 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 19 Abbott Laboratories (Pakistan) Limited(ABOT)	779.91 ▼ 0.00 (0.00%)
Abson Ind. / Oct 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Oct 19 Attock Cement Pakistan Limited(ACPL)	137.00 ▼ 0.00 (0.00%)
Adam Sugar / Oct 19 Adam Sugar Mills Limited(ADAMS)	31.20 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 19	172.90
USD PKR Interbank Buying / Oct 19	172.80
USD to Japanese Yen / Oct 19	114.28
USD to Swiss Franc / Oct 19	0.92
Pound Sterling to USD / Oct 19	1.37
Euro to USD / Oct 19	1.16
UK LIBOR % / Oct 19	0.07

Stock	Volume
S&P 500 / Oct 19	4486.46
India Sensex / Oct 19	61765.59
Tokyo Nikkei / Oct 19	29025.46
Nasdaq / Oct 19	15021.81
Hang Seng / Oct 19	25409.75
FTSE 100 / Oct 19	7203.33
Dow Jones / Oct 19	35258.61
Germany DAX 30 / Oct 19	15474.47
France CAC40 / Oct 19	6673.10

Item	Value
Crude Oil / Oct 19	82.48
Karachi Cotton Assoc. / Oct 19	14480.00
Gold 10 Grams / Oct 19	97100.00
Gold Spot / Oct 19	1763.88
Cotton / Oct 19	107.04

World Bank

Most Popular Articles