$31bn exports, $32bn remittances and Rs6trn revenue likely in full 2021-22: Govt expects 5pc growth in 2HFY22 'Year 2021 - Resilient now ever!', the Finance Division said while issuing performance report of year 2021 Updated 01 Jan, 2022 10:07am
Editorials Woeful PKR slide EDITORIAL: A few days back, the State Bank of Pakistan (SBP) tightened the foreign exchange regime for individuals ... Published 31 Dec, 2021 06:50am
BR Research Poverty-stricken world The first goal of United Nation’s sustainable development goals (SDGs) is ending poverty in all forms by 2030.... Published 29 Dec, 2021 07:56am
Markets WB to finance two hydropower projects in Swat PESHAWAR: The World Bank (WB) would finance two hydropower projects of 245 megawatt in Swat district that would... Published 27 Dec, 2021 06:45am
Print Electricity Distribution Efficiency Improvement Project: Agreements worth $195m signed with WB ISLAMABAD: The government of Pakistan signed financing agreements of Electricity Distribution Efficiency Improvement... Updated 24 Dec, 2021 10:21am
Print IsDB approves $252.5m for two projects JEDDAH: The Islamic Development Bank (IsDB) has approved US$ 252.5 million of funding for two vital projects in... Updated 21 Dec, 2021 10:07am
Print Govt all set to increase power base tariff ISLAMABAD: The Federal Government is all set to increase electricity base tariff by up to Paisa 95 per unit under ... Updated 17 Dec, 2021 03:53pm
Print WB unveils $93bn boost to fund for poorest nations WASHINGTON: The World Bank’s fund to help the world’s poorest nations got a $93 billion injection of cash to ... Published 17 Dec, 2021 04:30am
Markets World Bank recommends Indonesia cut coal subsidies amid green transition JAKARTA: The World Bank has urged Indonesia to drop a policy forcing miners to supply a set amount of subsidised ... Published 16 Dec, 2021 01:14pm
Opinion Prerequisites for growth—II Even at a cursory glance, it is evident that nations with greater gender parity have more prosperous economies.... Published 16 Dec, 2021 04:00am
Print Changes in $ rate, CPI and fuel mix: Circular debt management plan recalibrated ISLAMABAD: The Power Division has recalibrated Circular Debt Management Plan (CDMP) 2021-23 due to changes in dollar... Updated 16 Dec, 2021 10:38am
Print World Bank indicates $225m for ‘digital economy’ project ISLAMABAD: The World Bank has indicated $225 million for “Digital Economy Enhancement Project” to strengthen... Updated 16 Dec, 2021 11:12am
Opinion Prerequisites for growth—I Pakistan falls short of its growth objectives time and again, despite setting well-calculated goals, showing that ... Updated 15 Dec, 2021 07:02am
Markets World Bank keeps Thai growth outlook at 1% this year, sees better 2022 BANGKOK: Thailand's economy is still expected to grow 1% this year due to the impact of a coronavirus outbreak, but... Published 14 Dec, 2021 11:53am
Print Donors back $280m transfer for Afghan food, health: WB WASHINGTON: Donors agreed on Friday to transfer $280 million from a frozen, trust fund to the World Food Programme... Updated 12 Dec, 2021 10:40am
World World Bank approves $600mn funding for Philippine reforms MANILA: The World Bank has approved a $600 million loan for a Philippine reform programme to position the Southeast... Published 11 Dec, 2021 10:40am
Pakistan Districts West and Malir: Sindh govt to develop two solar parks KARACHI: With an aggregate capacity of 350 megawatts of electricity under the ambit of the ‘Sindh Solar Energy... Published 11 Dec, 2021 04:12am
Pakistan Humanitarian crises: China, Russia urged to give Afghan people a helping hand ISLAMABAD: Neighbouring powers such as China and Russia should take the lead to resolve the humanitarian crises in... Published 10 Dec, 2021 04:29am
Pakistan Economic development: SEZs termed part of broader strategy ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar said that the establishment... Published 10 Dec, 2021 04:29am
Opinion Documenting economy To achieve financial inclusion-related objectives National Financial Inclusion Strategy (NFIS) was launched by... Published 10 Dec, 2021 04:29am
Print IMF, 10 countries simulate cyber attack on global financial system OCCUPIED JERUSALEM: Israel on Thursday led a 10-country simulation of a major cyber attack on the global financial... Updated 10 Dec, 2021 09:54am
World Norway urges WB’s Afghanistan donors to channel funds to UN UNITED NATIONS: Norway is encouraging donors to a World Bank-administered fund for Afghanistan to agree to transfer... Published 08 Dec, 2021 06:22am
Pakistan Transformation of services sector required thru new policies: speakers ISLAMABAD: Rapid transformation of services sector is required through new policies to move away from vested... Published 08 Dec, 2021 06:22am
Business & Finance WB country director meets FBR chairman ISLAMABAD: The World Bank Country Director, Najy Benhassine, called on Chairman Federal Board of Revenue (FBR) Dr.... Updated 11 Dec, 2021 11:03am
Print Govt says expecting 5pc growth Energy minister says government made the national economy stable and a record increase in foreign remittance is being witnessed Updated 05 Dec, 2021 11:09am
Print Moot of OIC FMs on Afghanistan on 19th: Qureshi LAHORE: Foreign Minister Shah Mehmood Qureshi announced on Saturday to host the extraordinary session of the OIC... Updated 05 Dec, 2021 11:26am
World World Bank backs using $280mn in frozen aid funds for Afghanistan WASHINGTON: The World Bank's board has backed transferring $280 million from a frozen trust fund to two aid agencies... Updated 02 Dec, 2021 11:05am
Print WB works to redirect frozen funds to Afghanistan WASHINGTON: The World Bank is finalizing a proposal to deliver up to $500 million from a frozen Afghanistan aid fund... Updated 01 Dec, 2021 09:39am
World World Bank works to redirect frozen funds to Afghanistan for humanitarian aid only WASHINGTON: The World Bank is finalizing a proposal to deliver up to $500 million from a frozen Afghanistan aid fund... Published 30 Nov, 2021 10:08am
Markets Energy sector: BoI says Pakistan offers great opportunities to foreign investors ISLAMABAD: The South Asian countries can boost intra-regional investments by organising regular seminars and... Published 24 Nov, 2021 06:20am