This is among the weakest rates seen in nearly three decades, overshadowed only by the pandemic-induced recession of 2020 and global financial crisis in 2009
Islamic Development Bank (IsDB) Group pledges $4.2bn for flood rehabilitation and reconstruction in Pakistan, World Bank pledges $2bn, while Saudi Arabia, ADB, AIIB each commit $1bn
Official documents revealed the Financial Inclusion and Infrastructure Project (FIIP) was conceptualized to support the implementation of Pakistan’s National Financial Inclusion Strategy (NFIS) of the State Bank of Pakistan (SBP)
3 projects support rehabilitation and housing reconstruction, and restoration of crop production for vulnerable communities, while another 2 support health services for mothers and children