World Bank
World Bank Approves $150 Million for Sindh Property Tax Reform
The Board of Executive Directors of the World Bank has approved $150 million in financing to improve property tax collection and municipal services in Sindh,…
World Bank Forecasts 23 Percent Rise in Global Commodity Prices in 2026
Global commodity prices are projected to rise 23 percent in 2026, the World Bank said on Wednesday, as the Middle East war, disrupted Black Sea…
World Bank Targets Pakistan Startup Funding Gap With $50 Million Plan
The World Bank has proposed a $50 million financing package to establish a Pakistan Fund of Funds, aimed at drawing domestic and international private investment…
AI Could Reshape 61% of Pakistan’s Service Sector Jobs: World Bank
Artificial intelligence could reshape Pakistan’s job market, with 61% of service sector workers holding jobs that face above-median AI exposure, according to a new World…
World Bank’s $70 Million Connected Punjab Programme Faces Regulatory Delays
Punjab’s $70 million Connected Punjab programme faces a series of regulatory and institutional requirements, including new artificial intelligence (AI) oversight, data protection and cybersecurity frameworks,…
Pakistan Loses 2.5% of GDP to Cyber Fraud, Tops Global List
Pakistan currently faces massive exposure to cyber-enabled financial scams. Scammers actively exploit online platforms, telecommunications networks, and payment systems. As a result, Pakistan loses an…
PVARA Engages World Bank Leadership on Asset Tokenisation & AI Regulation
Minister of State and Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), Bilal Bin Saqib, held a series of high-level meetings with senior World…
Pakistan Skills Gap Leaves Nearly One in Three Young Graduates Jobless
Pakistan loses an estimated $31.5 billion annually in lost productivity and unrealised export potential because of a skills gap among its youth, according to World…
World Bank Proposes $200 Million to Improve KP Health and Education
The World Bank has proposed USD 200 million in financing for Khyber Pakhtunkhwa (KP) to broaden its tax base and improve health and education services.…
Sindh to Hand Over 1,133 Govt Schools to Private Operators
The Sindh government has decided to partner with Education Management Organisations (EMOs) to run 1,133 new and upgraded government schools under a public-private partnership (PPP)…
World Bank Says Pakistan Accounts for Nearly Half of MENAAP’s Poorest People
The World Bank has reported that Pakistan accounts for nearly half of the people living in extreme poverty across the Middle East, North Africa, Afghanistan…
World Bank Flags Major AI Readiness Gaps in Pakistan Despite Plan
Pakistan aims to position AI as an engine for productivity and exports, but the World Bank says major gaps in innovation, skills, and infrastructure could…
Punjab, World Bank to Introduce Digital Systems to Widen Tax Base
The Punjab Revenue Authority (PRA) and the World Bank have agreed to introduce advanced digital systems to expand the tax base and improve revenue collection…
