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Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
27,524
4224hr
Pakistan Cases
1,236,888
2,06024hr
4.58% positivity
Sindh
454,510
Punjab
427,583
Balochistan
32,837
Islamabad
104,913
KPK
172,766

World Bank

Global carbon pricing schemes raised $53bn in 2020: World Bank
World

Global carbon pricing schemes raised $53bn in 2020: World Bank

  • Many countries are using a price on carbon to help meet their climate goals in the form of a tax or under an emissions trading (ETS), or cap-and-trade, system.
  • "Despite the social and economic upheaval caused by COVID-19, jurisdictions and companies have not wavered in their commitment to fighting climate change," the report said.
Published 25 May, 2021 07:13pm
Pakistan sees preliminary economic growth of 3.9pc for FY 2020/21
Pakistan

Pakistan sees preliminary economic growth of 3.9pc for FY 2020/21

  • The planning ministry said its provisional estimate was based on data for the year so far on growth in the agricultural, industrial, and services sectors.
  • Pakistan's economy was hit hard by the COVID-19 pandemic last year. On Friday the ministry also revised down GDP growth for the financial year that ended on June 30, 2020 to -0.47%, from -0.38%.
Published 21 May, 2021 08:34pm
Opinion

A Herculean task

This is apropos a Business Recorder op-ed “Budget FY22: Tarin faces Herculean task” carried by the newspaper...
Published 21 May, 2021 05:04am
MTN South Africa teams up with World Bank's IFC on mobile money
Business & Finance

MTN South Africa teams up with World Bank's IFC on mobile money

  • Mobile financial services have become a significant part of African telecom operators' businesses since Kenya's Safaricom pioneered an alternative to banks with M-Pesa in 2007.
  • "This partnership provides the opportunity to bridge the digital divide and broaden financial inclusion in South Africa," Felix Kamenga, Chief Officer for Mobile Financial Services at MTN South Africa, said.
Published 19 May, 2021 06:31pm
World Bank signs $500mn infrastructure project for Congo's capital
World

World Bank signs $500mn infrastructure project for Congo's capital

  • Kinshasa is the largest French-speaking city in the world with a population of just over 17 million.
  • "Kin Elenda will help change the daily lives of the people of Kinshasa through the investments it will make throughout the city," said Jean-Christophe Carret, the World Bank's country director.
Published 12 May, 2021 07:51pm
Opinion

Untapped export potential

The World Bank in its recent report states that Pakistan’s potential annual exports are $88.1 billion, about four...
Published 28 Apr, 2021 03:18am