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World Bank

Govt signs agreements valuing US$ 750mn with WB, AIIB for RISE programme

The World Bank will extend financing of US$500 million and AIIB will provide co-financing of US$250 million for the RISE programme, said a press release.

Published 23 Jul, 2020 06:22pm

World

World Bank official urges G20 to extend debt relief

G20 finance ministers are set to hold a virtual meeting Saturday, and are expected to discuss the status of the debt relief initiative.
She called the initial step "useful" but said, "Sadly, that step hasn't gone as far as it has been hoped.

Updated 17 Jul, 2020 08:33pm

Business & Finance

World Bank approves $350 million loan for Ukraine

Ukrainian government said earlier this month it expected to receive this loan by the end of June after securing a $5 billion loan program from the International Monetary Fund on June 9.

Published 27 Jun, 2020 01:07pm

World

Nigeria's COVID-19 outbreak could impoverish 5mn people, World Bank says

The World Bank forecasts Nigeria's economy will shrink 3.2-7.4% this year, depending on the severity of the COVID-19 outbreak.
Overall, 42.5% of Nigerians will be poor - defined as living on less than $2 a day - as of 2020, the bank said.

Published 25 Jun, 2020 05:32pm

World

Women, babies at risk as COVID-19 disrupts health services, World Bank warns

World Bank's GFF assessed COVID-19 impact on women's and children's health in poor countries.
Key drugs for mothers and babies disrupted by pandemic - survey.
Declining access to contraception a major worry - GFF chief warns.

Published 24 Jun, 2020 05:56pm

Women, babies at risk as COVID-19 disrupts health services, warns World Bank

WB official says agency is worried about the numbers of children missing vaccinations, women giving birth without medical help and interrupted supplies of life-saving medicines in poor countries

Published 24 Jun, 2020 03:28pm

Business & Finance

WB approves $236mn for Pakistan’s education, healthcare sector

The $200mn grant for Khyber Pakhtunkhwa Human Capital Investment Project and the $36mn grant for Balochistan Human Capital Investment Project will be utilized in improving public services in education and health.

Published 24 Jun, 2020 01:45pm

Business & Finance

World Bank chief sees progress on G20 debt relief; wants more private sector buy-in

Malpass told Reuters in an interview that 35 of 73 eligible countries were participating in the G20 debt relief initiative, and more had expressed interest.

Published 23 Jun, 2020 10:37am

Pakistan inks financing agreements worth $1,500 million with WB, ADB

Funds will be used to strengthen the health system and mitigate socioeconomic impacts of the COVID-19 pandemic

Published 19 Jun, 2020 06:31pm

World

World Bank approves $1 billion for health, education in Congo

The financing comprises $800 million to support free primary school education and $200 million to improve maternal and child health.

Published 16 Jun, 2020 08:47pm

Pandemic drives broadest economic collapse in 150 years: World Bank

That will push 70 to 100 million people into extreme poverty, more than the bank's prior estimate of 60 million.

Published 08 Jun, 2020 08:53pm

Pak, WB to sign disaster resilience, ecosystem restoration pact

An agreement-signing ceremony has been scheduled on Monday led by the Amin Aslam and the World Bank's Country Director for Pakistan.

Published 01 Jun, 2020 01:38am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.30
USD PKR Interbank Buying / May 20	278.10
USD to Japanese Yen / May 20	155.76
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Nasdaq / May 17	16685.97
Dow Jones / May 17	40003.59
Tokyo Nikkei / May 20	39197.34
Hang Seng / May 20	19650.18
FTSE 100 / May 20	8442.03
Germany DAX 30 / May 20	18754.68

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Crude Oil USD/Barrel / May 20	80.09
Gold 10 Grams PKR / May 20	214678
Gold Spot USD/Ounce / May 20	2436.84
Cotton US¢/pound / May 20	76.56
Petrol/Litre / May 21	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 21 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 21 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 21 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 21 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 21 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 21 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 21 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 21 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 21 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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