G7 meeting to focus on Ukraine aid: World Bank WASHINGTON: Finance ministers of the Group of Seven most developed nations will meet Tuesday to discuss urgent aid... Published 28 Feb, 2022 12:54am
Print ‘Troubled’ CASA 1000 project: WB mulling various options ISLAMABAD: World Bank is said to be considering different options to complete the “troubled” Central Asia-South... Updated 26 Feb, 2022 10:11am
World IMF, World Bank chiefs warn of global impacts from Ukraine war WASHINGTON: The leaders of the World Bank and IMF signaled Thursday they were ready to help Ukraine, while warning... Published 25 Feb, 2022 12:42am
Pakistan Land acquisition for Dasu project: World Bank dissatisfied with pace of progress ISLAMABAD: The World Bank has expressed dissatisfaction over pace of land acquisition for 4,320 MW Dasu Hydropower... Updated 23 Feb, 2022 09:44am
Markets Lebanon's 'zombie banks' downsize to weather crisis BEIRUT: Once the economy's crown jewel, Lebanon's banks are shutting branches and laying off employees in droves,... Published 20 Feb, 2022 11:07am
Opinion World Bank proposal would shift about $1bn from Afghan trust The World Bank’s management has approved a plan to use some $1 billion in a frozen Afghanistan trust fund for... Published 20 Feb, 2022 05:55am
World World Bank proposal would shift about $1 billion from Afghan trust WASHINGTON: The World Bank's management has approved a plan to use some $1 billion in a frozen Afghanistan trust ... Published 19 Feb, 2022 05:06pm
Pakistan KE’s Roshini Baji initiative takes centre stage at Dubai Expo 2020 KARACHI: K-Electric’s pioneering Roshni Baji safety ambassador initiative took center stage at Pakistan’s... Updated 19 Feb, 2022 10:35am
World World Bank chief concerned that G20 finance ministers not taking steps to deal with debt overhang WASHINGTON: World Bank Group President David Malpass said on Friday that he does not believe G20 finance ministers... Published 18 Feb, 2022 09:01pm
Opinion Crisis of inflation, debt, and weak SDR allocation response ‘We’ve entered an era where supply constraints are the driving force of inflation rather than excess demand. ... Published 18 Feb, 2022 04:31am
Print Cancellation of loans, their reinvestment discussed with World Bank ISLAMABAD: The World Bank and Pakistani authorities have discussed cancellation of different loans amounting to... Updated 17 Feb, 2022 11:25am
Business & Finance World Bank economist warns of dangers of ignoring growing debt WASHINGTON: Delays in dealing with the growing debt burden in poor countries seems unlikely to be resolved by the... Published 15 Feb, 2022 06:12pm
World World Bank temporarily relocates staff from Ukraine WASHINGTON: The World Bank is temporarily relocating staff from Ukraine and has suspended staff missions to the... Published 14 Feb, 2022 09:41pm
Print World Bank briefs ministry about projects being funded by it Out of 54 projects, 23 projects worth $7.8bn are being implemented by the federal government against which $3.4 bn has been disbursed so far Updated 12 Feb, 2022 05:38pm
Editorials Cart before the horse EDITORIAL: The World Bank (WB) hasn’t exactly raised a red flag about shortcomings in the proposed draft Energy... Published 12 Feb, 2022 05:09am
Print Transactions related to Discos: Govt to hire financial advisor; WB’s assistance to be sought ISLAMABAD: The Government has decided to seek financial assistance from World Bank to hire an international ... Updated 11 Feb, 2022 09:48am
Pakistan WB likely to further downgrade $200m locust and food security project ISLAMABAD: The World Bank is likely to further downgrade the $200 million locust emergency and food security project... Published 10 Feb, 2022 04:40am
Print 54 projects being implemented through World Bank funding Federal Minister for Economic Affairs directs EAD officials to set up a project management unit for effective monitoring of development schemes Updated 10 Feb, 2022 10:17am
Print Tarin, WB officials discuss RISE-II ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin held a meeting with Najy Benhassine, country... Updated 09 Feb, 2022 09:18am
Pakistan KP govt expedites work on seven hydropower projects PESHAWAR: Provincial Energy Development Organisation (PEDO), a subsidiary of the Khyber Pakhtunkhwa Energy ... Published 07 Feb, 2022 05:22am
Opinion Global acclaim, local defame Wonderful, Awful. Best, Worst. Developing, Destroying. Rising, falling. Good, bad. This is not a test of opposites ... Published 07 Feb, 2022 05:22am
World Former Bundesbank chief appointed to head IMF expert panel WASHINGTON: The International Monetary Fund has appointed former Bundesbank President Jens Weidmann to head an... Published 06 Feb, 2022 04:42am
Pakistan $2.355bn new loan accords inked in Q1 ISLAMABAD: The government of Pakistan signed new loan agreements worth $2.355 billion with various bilateral and... Updated 04 Feb, 2022 11:05am
Markets PACE-II loan: WB not satisfied with prior actions ISLAMABAD: The World Bank is reportedly not satisfied with progress on prior actions assigned to Government of... Published 04 Feb, 2022 04:43am
Pakistan KP Women Civic Internship Programme: Ufone provides ‘Blaze’ to each participant ISLAMABAD: Pakistani telecom company, Ufone 4G has provided its flagship Wifi internet device; ‘Blaze’ to each... Published 03 Feb, 2022 04:02am
Print Revenue targets: ECC approves Rs4bn for FBR upgradation ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved Rs4 billion for the... Updated 02 Feb, 2022 12:09pm
Print Delivery of power subsidy to agri sector: Centre wants provinces to share burden Finance Division floated this proposal in its comments on draft National Electricity Policy (NEP) 2022 Updated 01 Feb, 2022 10:38am
World IMF, World Bank postpone plans for annual meetings in Morocco WASHINGTON: The International Monetary Fund and World Bank on Monday said they would postpone plans to hold their... Published 31 Jan, 2022 09:53pm
Pakistan Official estimates KWSB service improvement project cost at $1.6bn KARACHI: Engineer Salahuddin Ahmed, Project Director, Karachi Water and Sewerage Board, Wednesday said that the ... Published 27 Jan, 2022 04:05am
Print Salaried, low income groups: Govt facilitating construction of housing units: PM ISLAMABAD: Prime Minister Imran Khan said on Tuesday that with record exports, remittances, and tax collection,... Updated 26 Jan, 2022 09:25am