Pak-origin UK national Mahnaz becomes IFC Sanctions Board member ISLAMABAD: The World Bank (WB) has appointed Mahnaz Malik, a Pakistan-origin British national, as a Sanctions Board... Updated 14 Jan, 2024 10:40am
Opinion An anatomy of economic clichés/mantras of 2023—I Last three months of 2023 have witnessed an avalanche of economic annual meetings, conferences, economic fest and... Published 12 Jan, 2024 03:06am
Markets ‘Political turmoil’ in Pakistan to slow private sector growth: World Bank The World Bank has raised concerns that heightened political uncertainty in Pakistan could slow down growth in the... Updated 11 Jan, 2024 10:57pm
Markets Japanese rubber futures slip on China demand worries SINGAPORE: Japanese rubber futures fell on Wednesday, as investors remained cautious over Chinese demand, although... Published 11 Jan, 2024 06:15am
Editorials World Bank ’s perspective on global economy EDITORIAL: The global economy is on track to register a ‘woeful’ decade of growth, so maintained the World Bank (WB)... Published 11 Jan, 2024 06:15am
Pakistan Pakistan’s remittances clock in at $2.4bn in December, up 5.4% from November Inflow 13.4% higher on yearly basis, Saudi Arabia remains biggest source of remittances in December Updated 10 Jan, 2024 10:36pm
Business & Finance Boost investment to avert ‘decade of wasted opportunity’: World Bank WASHINGTON: The global economy is on track for a woeful decade of growth unless policymakers can boost investment ... Published 10 Jan, 2024 05:22am
World World Bank forecasts 2024 global growth to slow for third consecutive year WASHINGTON: The World Bank warned on Tuesday that global growth in 2024 is set to slow for a third year in a row,... Updated 09 Jan, 2024 10:43pm
Opinion Concerns of the World Bank An article titled “Economic Turnaround Moment?” has recently been published in the newspaper, Dawn. It has been... Published 09 Jan, 2024 04:18am
Opinion QNA – a right step? At the 107 National Accounts Committee (NAC) meeting held on 28 November 2023 approval was given to the introduction... Published 08 Jan, 2024 05:23am
Markets Forex reserves hit 23-week high KARACHI: The State Bank of Pakistan (SBP) foreign exchange reserves recorded a notable increase of $ 1.3 billion... Published 05 Jan, 2024 03:12am
Opinion Strategic integration for value addition: The path to compete, win, and grow in textile exports In the evolving Textile Value Chain (TVC) of Pakistan, the key to sustained exports lies in the traceability of the... Updated 01 Jan, 2024 06:53am
Editorials Vested interests and policy reversals EDITORIAL: Just when the certainty of the election was supposed to bolster confidence about continued engagement ... Published 31 Dec, 2023 03:04am
Print $382m ‘Karachi Mobility Project’: WB rates implementation progress as ‘moderately unsatisfactory’ ISLAMABAD: The World Bank has rated the overall implementation progress of the “Karachi Mobility Project” worth $382... Updated 31 Dec, 2023 07:20pm
Business & Finance Analyst says agri sector performed well despite challenges KARACHI: Economic challenges in 2023 were quite bigger but we have seen tremendous progress in agriculture which... Published 31 Dec, 2023 03:04am
Opinion The World Bank says it all That the growing political uncertainty and institutional imbalances are adversely affecting the country’s perception... Published 30 Dec, 2023 06:28am
Editorials ‘Progress moderately satisfactory’ EDITORIAL: The World Bank has evaluated the ‘Pakistan Raises Revenue project’ as moderately satisfactory. Three... Published 27 Dec, 2023 05:15am
Print $400m ‘Pakistan Raises Revenue’ project: World Bank rates implementation progress moderately satisfactory ISLAMABAD: The World Bank has rated the overall implementation progress of Pakistan Raises Revenue project of worth... Updated 26 Dec, 2023 09:11am
World Ukraine received $1.34bn under World Bank project: finance ministry KYIV: Ukraine received $1.34 billion under the World Bank’s public expenditures for administrative capacity... Published 25 Dec, 2023 02:53pm
Pakistan Discussion titled ‘COP28: an analytical view’ organised by CSP ISSI, CSCCC ISLAMABAD: Speakers at a round table discussion termed the COP28 as a crucial stage for discussions on a key subject... Published 23 Dec, 2023 06:16am
World Gaza war to throw Lebanon back into recession: World Bank BEIRUT: The impacts of the Israel-Hamas war are set to push crisis-hit Lebanon’s economy back into recession, the... Published 21 Dec, 2023 05:39pm
World World Bank approves new Tanzania loans worth $1.14bn NAIROBI: The World Bank has approved two separate loans worth about $1.14 billion combined to Tanzania to support... Published 21 Dec, 2023 04:55pm
Pakistan Solangi for unity in recognising CPEC as ‘transformative force’ ISLAMABAD: Caretaker Minister for Information and Broadcasting Murtaza Solangi on Wednesday called for unity in... Published 21 Dec, 2023 03:54am
World World Bank approves $500mn loan for Morocco social safety nets RABAT: The World Bank said on Wednesday it had approved a $500 million loan to help Morocco with its reforms to... Published 20 Dec, 2023 06:08pm
World World Bank releases $250mn to boost Sri Lanka reforms COLOMBO: The World Bank said Wednesday it had released $250 million to support bankrupt Sri Lanka’s tough economic... Published 20 Dec, 2023 05:44pm
Business & Finance World Bank releases $250 million to bolster economic reforms in Sri Lanka The World Bank has released a second tranche of $250 million to support economic reforms in Sri Lanka, it said in a... Published 20 Dec, 2023 01:29pm
Business & Finance Kenya’s economy to grow 4.5%-5.2% next year, World Bank says NAIROBI: Kenya’s economy is likely to expand by 4.5%-5.2% in 2024 from an estimated 5% this year, the World Bank... Published 20 Dec, 2023 01:11pm
Pakistan World Bank approves $350mn financing for Pakistan Funds are to be used for Second Resilient Institutions for Sustainable Economy Operation, which aims to strengthen fiscal management Updated 20 Dec, 2023 04:58pm
Print World Bank projects drop in remittance flows ISLAMABAD: The World Bank has projected a drop in remittance flows to Pakistan to $24 billion in 2023 and further... Updated 19 Dec, 2023 09:32am
Pakistan Sindh barrages project faces $72m financial gap ISLAMABAD: The “Sindh Barrages Improvement Project” of worth $326.6 million is facing financing gap of about $72... Updated 18 Dec, 2023 07:16am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?