Road & transport sector: NCC-FFP for prompt implementation of 12 projects worth $5.6bn ISLAMABAD: The National Coordination Committee on Foreign-Funded Projects (NCC-FFP) on Wednesday reviewed 12 ongoing... Published 15 Dec, 2022 06:00am
Print ADB describes energy plan as ‘less than effective, efficient’ ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated “Pakistan:... Updated 14 Dec, 2022 09:53am
World Climate-stressed Iraq must pursue ‘green growth’: World Bank BAGHDAD: Iraq, a top oil exporter battered by climate change impacts, must diversify its economy and pursue a... Published 13 Dec, 2022 06:03pm
Print Financial inclusion, infrastructure project: World Bank urged to allow restructuring, extension ISLAMABAD: The government has requested the World Bank for restructuring and extending the “Pakistan Financial... Updated 11 Dec, 2022 09:56am
Print 765kV DC transmission lines: FD asks PD to take action on award of contract ISLAMABAD: The Finance Division has asked the Power Division to take appropriate action on award of 765 kV DC... Updated 09 Dec, 2022 09:28am
Markets Kenya’s economic growth to slow to 5% next year, World Bank says NAIROBI: Kenya’s economic growth will slow down to 5% next year from an estimated 5.5% this year, the World Bank... Published 08 Dec, 2022 10:54am
Business & Finance World Bank puts country’s external debt stock by end-2021 at $130.433bn ISLAMABAD: The World Bank has estimated Pakistan’s total external debt stocks at $130.433 billion by end-2021... Published 07 Dec, 2022 07:01am
Pakistan Financing can play crucial role in countering disasters: experts ISLAMABAD: Stressing the need for strengthening structures at the community level to reduce the impact of disasters... Published 07 Dec, 2022 05:54am
Print Poor countries’ debt servicing costliest: World Bank NEW YORK: The poorest countries in the world now spend over a tenth of their export income to service external debt,... Updated 07 Dec, 2022 09:47am
Business & Finance Energy-efficient projects: World Bank ready to extend $300m financing ISLAMABAD: World Bank (WB) has shown willingness to extend over $ 300 million financing for solarisation of... Updated 07 Dec, 2022 11:50am
World Developing economies’ debt more than doubled over decade: World Bank WASHINGTON: The external debt of developing economies has more than doubled from a decade ago to $9 trillion in... Published 06 Dec, 2022 07:37pm
Business & Finance Global lenders eye coordinated assistance for Sri Lanka COLOMBO: Global lenders including the World Bank, the Asian Development Bank and the IMF are planning coordinated... Published 06 Dec, 2022 03:08pm
Markets World Bank sees India’s growth at 6.9% this year NEW DELHI: India’s economy is expected to grow 6.9% in the current fiscal year, the World Bank said on Tuesday,... Published 06 Dec, 2022 12:32pm
Markets Philippines on track to lose growth momentum in 2023: World Bank MANILA: The Philippine economy is expected to lose momentum in 2023 with the pace of expansion set to slow to 5.7%... Published 06 Dec, 2022 10:08am
Business & Finance Air pollution hurts Bangladesh GDP as well as health: World Bank BENGALURU: Air pollution in Bangladesh is robbing the South Asian nation of economic growth as well as causing... Published 05 Dec, 2022 06:48am
Markets Air pollution hurts Bangladesh GDP as well as health: World Bank Air pollution in Bangladesh is robbing the South Asian nation of economic growth as well as causing premature death... Published 04 Dec, 2022 03:10pm
Pakistan Tanzanian delegation calls on Marri ISLAMABAD: A delegation of Tanzania Social Action Fund is on a five-day visit to Pakistan. The visiting delegation... Published 03 Dec, 2022 05:51am
Business & Finance Remittances may drop by 7.4pc to $29bn: World Bank ISLAMABAD: Remittances are expected to drop by 7.4 percent to $29 billion in 2022 from $31 billion in 2021, as loss... Updated 02 Dec, 2022 10:21am
Opinion Non-austerity policy needed for resilient, inclusive, sustainable growth The world is fast entering deep recesses of environmental, public health, and economic crises. Virtually, over the... Published 02 Dec, 2022 05:47am
Pakistan Cabinet has been asked to approve scheme: PQA plans to deepen port’s draft, widen its navigational channel KARACHI: Chairman of the Port Qasim Authority Rear Admiral (retd) Syed Hasan Nasir Shah said on Wednesday that PQA ... Published 01 Dec, 2022 05:47am
Opinion Doesn’t matter who is/becomes FM SBP’s (State Bank of Pakistan’s) surprise 100 basis point increase in its key policy rate (to a 24-year high of... Updated 01 Dec, 2022 06:07am
Print World Bank says growth to slow to 2pc next year WASHINGTON: Remittances to low- and middle-income countries grew by nearly 5% to around $626 billion in 2022 - about... Published 01 Dec, 2022 05:47am
World World Bank says remittances up 5% in 2022, but growth to slow to 2% next year WASHINGTON: Remittances to low- and middle-income countries grew by nearly 5% to around $626 billion in 2022 - about... Published 30 Nov, 2022 08:35pm
Business & Finance Annual report on foreign assistance: Debt can be productive if used for creating assets: EAD ISLAMABAD: The Economic Affairs Division (EAD) stressed that a prudent external debt management strategy coupled ... Published 30 Nov, 2022 05:53am
Print ECC approves Kissan Package: Power tariff for tubewells reduced to Rs13 per unit ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Tuesday approved Kissan Package-2022 with a... Updated 30 Nov, 2022 09:51am
Editorials Reko Diq resolution EDITORIAL: The counsel for Barrick Gold plainly informed the Supreme Court that if by 15 December 2022 the agreement... Updated 29 Nov, 2022 12:46pm
Business & Finance Steps to boost coordination among provinces: World Bank notes slow progress on exchange of taxpayers’ data with FBR ISLAMABAD: The World Bank has noted slow progress in measures to strengthen provincial coordination on exchange of... Published 29 Nov, 2022 05:57am
Opinion Growth takes the cake! Several economic team leaders throughout the world rely on data manipulation to show a performance that is at odds... Published 28 Nov, 2022 06:13am
Opinion Conceptual poverty of foreign policy By looking closely at the interlinked deprivations of poor people, this report provides valuable insights on how to... Published 25 Nov, 2022 05:48am
Business & Finance Indus Waters Treaty: World Bank holds meetings with NE, CoA chairman ISLAMABAD: The World Bank held two separate hand-over meetings with the Neutral Expert (NE) and the chairman of... Updated 23 Nov, 2022 09:36am
