US to provide $4.5bn to Ukraine through World Bank WASHINGTON: The US government said Tuesday it would provide $4.5 billion in financial support for Ukraine, with the... Published 22 Nov, 2022 11:23pm
Pakistan Green Development Project: World Bank to provide soft loan of $200m to Punjab LAHORE: The World Bank will give a soft loan of $200 million to the Punjab government for the ‘Green Development... Published 22 Nov, 2022 03:23am
Editorials Winter of discontent has arrived EDITORIAL: Reportedly, the much-needed and important 9th review of the ongoing IMF (International Monetary Fund)... Published 21 Nov, 2022 06:31am
Print WB satisfied with Pakistan Community Support Project implementation ISLAMABAD: The World Bank has rated the “Pakistan Community Support Project (CASA-1000)” implementation... Updated 20 Nov, 2022 09:40am
Pakistan By 2050, Pakistan’s annual GDP can decline 18-20% due to climate change risks: World Bank Says impact on Pakistan's natural and human capital are likely to be severe Updated 18 Nov, 2022 07:17pm
Opinion The Bridgetown Initiative ‘A perennial question hanging over UN climate conferences is how developing countries will finance their domestic... Published 18 Nov, 2022 05:53am
Pakistan Rs12.20bn aid being given to 55,400 flood victims, says CM LAHORE: Announcing that a total of Rs12.20 billion in aid is being given to 55,400 flood victims, Chief Minister... Published 18 Nov, 2022 05:53am
World World Bank financing arm IFC will discuss $2bn Ukraine package in December LONDON: The World Bank's private investment arm will discuss a $2 billion support package for Ukraine at a board... Published 17 Nov, 2022 10:18pm
World Russia falls into recession MOSCOW: Russia's economy has entered a recession as gross domestic output fell by four percent in the third quarter,... Published 16 Nov, 2022 10:38pm
Pakistan World Bank to provide $1.3bn to Pakistan for emergency, agriculture and housing relief Financial support will be offered to farmers in flood-affected areas across Pakistan Updated 16 Nov, 2022 11:03pm
Markets Indonesia, ADB launch first coal power plant retirement deal NUSA DUA: Indonesia, the Asian Development Bank and a private power firm are teaming up to refinance and prematurely... Published 14 Nov, 2022 10:42am
Print KNIP likely to be restructured for the third time ISLAMABAD: The Karachi Neighbourhood Improvement Project (KNIP) worth $86 million is proposed to be restructured for... Updated 13 Nov, 2022 09:26am
Opinion Energy sector—hiding behind the truth Speaking on the occasion of signing of dollar 3 billion loan by World Bank to develop energy infrastructure and to... Updated 12 Nov, 2022 06:51am
Editorials Energy sector uplift EDITORIAL: If the government is indeed committed to “ensuring sustainability of energy sector” and “providing... Updated 12 Nov, 2022 06:49am
Pakistan Climate change-induced disasters may significantly set back uplift plans: World Bank ISLAMABAD: Climate change-induced disasters could significantly set back Pakistan’s development ambitions and its... Published 11 Nov, 2022 07:08am
World COP27: World Bank tells rich countries, give us more cash for climate SHARM EL SHEIKH: The World Bank is ready to step up financing of action to tackle climate change in the world's... Published 11 Nov, 2022 12:31am
Business & Finance World Bank agrees to provide Rs5,000 per acre subsidy to growers KARACHI: Sindh Chief Minister Syed Murad Ali Shah in his meeting with the World Bank has decided to provide Rs5,000... Published 10 Nov, 2022 07:01am
Print Economic crisis: AIIB to give us $500m to counter social fallout ISLAMABAD: Pakistan will receive $500 million as co-financing for the BRACE development program from the Asian... Updated 10 Nov, 2022 09:09am
Print World Bank to restructure $188m PHCSP ISLAMABAD: The World Bank will restructure “Pakistan Hydromet and Climate Services Project (PHCSP)” worth about $188... Updated 10 Nov, 2022 09:16am
Print Energy sector uplift: World Bank to extend $3bn funding ISLAMABAD: The World Bank (WB) is to extend $3 billion for infrastructure development in energy sector in addition ... Updated 08 Nov, 2022 09:41am
World IMF chief says $75/ton carbon needed by 2030 SHARM EL-SHEIKH, (Egypt): The price of carbon needs to average at least $75 a ton globally by the end of the decade... Published 08 Nov, 2022 05:57am
Business & Finance World Bank official wants joint efforts to tackle macroeconomic challenges ISLAMABAD: The government of Pakistan and the World Bank should continue to work together to deal with macroeconomic... Published 08 Nov, 2022 05:56am
Print Tax evasion: FBR lacks capacity to analyze big data: World Bank ISLAMABAD: The Federal Board of Revenue (FBR) lacks the capacity to analyze big data to detect tax evasion and also... Updated 08 Nov, 2022 09:45am
World COP27: IMF chief says $75/ton carbon price needed by 2030 SHARM EL-SHEIKH: The price of carbon needs to average at least $75 a ton globally by the end of the decade for... Published 07 Nov, 2022 03:51pm
Pakistan Environmental emergency imposed on Punjab LAHORE: Environmental emergency has been imposed across the province, to save the people from the hazards of Smog.... Published 05 Nov, 2022 05:53am
Opinion Mission climate change COP27 meetings in Egypt will start on November 6, but the global conference with its first meeting in 1995 is yet to... Published 04 Nov, 2022 05:56am
Business & Finance Govt urged to engage industrialists in policy discussion KARACHI: Pakistan Businesses Forum (PBF) Vice President/ CEO Ahmad Jawad has said the government should immediately... Published 04 Nov, 2022 05:56am
Business & Finance NBP bags Best Bank Award for Asia-Pacific KARACHI: The National Bank of Pakistan has won the Best Bank Award in Asia-Pacific for 2022 as Global Finance... Published 04 Nov, 2022 05:56am
Business & Finance Govt urged to engage industrialists in policymaking KARACHI: Pakistan Businesses Forum (PBF) Vice President/ CEO Ahmad Jawad has said that the government should... Published 03 Nov, 2022 05:50am
Print Two financing agreements signed with World Bank ISLAMABAD: The Government of Pakistan has signed two financing agreements of $500 million with the World Bank... Updated 03 Nov, 2022 09:42am
