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Coronavirus
LOW Source: covid.gov.pk
Pakistan Deaths
28,312
1224hr
Pakistan Cases
1,266,204
55424hr
1.32% positivity
Sindh
466,432
Punjab
438,271
Balochistan
33,138
Islamabad
106,543
KPK
177,038

World Bank

World Bank working with countries to resolve vaccine indemnification hurdles

World Bank working with countries to resolve vaccine indemnification hurdles

  • He said Bank officials were working with countries to address one of the key obstacles - rules that leave vaccine makers open for lawsuits or judgments - through legislation or other processes.
  • Malpass also appealed to advanced economies to release reservations of vaccines beyond their ability to distribute them.
Published 05 Jan, 2021 09:10pm
Egypt needs to do more to help private sector, World Bank says
World

Egypt needs to do more to help private sector, World Bank says

  • Exports remain below those of competing countries even after Egypt cut the value of its currency by about half in November 2016.
  • Despite Egypt's growing domestic market and proximity to international markets, Egypt is yet to attract strong FDI inflows.
Published 21 Dec, 2020 07:25pm
World Bank lends Bosnia $65.3mn to help pandemic-hit businesses
World

World Bank lends Bosnia $65.3mn to help pandemic-hit businesses

  • The loan will be used to boost longer-term financing for businesses hit by the pandemic downturn and to fund programmes focused on increasing their use of technology.
  • The economy of the former Yugoslav republic is set to contract by 4.6% this year.
Published 13 Dec, 2020 12:58am
Pakistan among top five with most investment in H1 of 2020: WB
Pakistan

Pakistan among top five with most investment in H1 of 2020: WB

  • "Pakistan had the fourth highest investment commitments--a new entrant to the top five countries this year—with US$1.9 billion of investment commitments, accounting for 0.69 percent of GDP," the Private Participation in Infrastructure (PPI) 2020 Half Yearly Report said.
Published 08 Dec, 2020 06:51pm
World Bank warns G20 against doing too little to tackle debt problems
World

World Bank warns G20 against doing too little to tackle debt problems

  • Malpass said he was pleased by progress made by the Group of 20 major economies on increasing debt transparency and providing debt relief to the poorest countries.
  • Debt reduction and transparency will enable productive investment, a key to achieving an earlier, stronger and more lasting recovery.
Published 22 Nov, 2020 12:48am