World Bank
SBP and IFC Partner to Boost Local Currency Financing
The State Bank of Pakistan (SBP) has signed an agreement with the International Finance Corporation (IFC) to strengthen local currency financing and encourage private sector…
World Bank Projects 2.6% GDP Growth for Pakistan in FY2025-26
The World Bank has projected Pakistan’s GDP growth at 2.6% for FY2025-26, citing ongoing catastrophic floods and renewed inflationary pressures as key challenges weighing on…
Port Qasim Gains 9th Spot in World Bank Rankings
Port Qasim has secured the 9th spot in the World Bank rankings of most improved container ports, marking a significant milestone for Pakistan’s maritime reforms…
World Bank and Sindh Govt Plan Yellow Line BRT for Karachi
Sindh Chief Minister Syed Murad Ali Shah has unveiled plans for a comprehensive Karachi Transport Master Plan, developed in partnership with the World Bank, to…
World Bank Finds Costing Gaps in Pakistan Health Spending
The World Bank has identified major weaknesses in Pakistan health budgeting that are limiting care and wasting funds. The Bank found that budgets are prepared…
World Bank Authorizes Changes to PRIDE Program Financing
The World Bank has approved a restructuring of the Punjab Resource Improvement and Digital Effectiveness (PRIDE) program worth US$304 million. The Bank approved the cancellation…
World Bank Grants $47.9 Million for Punjab Education Reform
The World Bank has approved a $47.9 million grant, funded by the Global Partnership for Education Fund, to improve girls and boys’ participation at the…
World Bank Flags Low Govt Funding for Punjab Water Project
The World Bank has reported that government financing for the $430 million Punjab Rural Sustainable Water Supply and Sanitation Project is falling short of the…
World Bank Highlights Delay in MoUs for $78M ‘DEEP’ Initiative
The World Bank has raised concerns over delays in signing Memorandums of Understanding (MoUs) between the Ministry of Information Technology and Telecommunication (MoITT) and provincial…
Pak Govt to Digitize Services Under $77M World Bank Project
The Pak Govt has decided to hire a consultancy firm for the $77.73 million Digital Economy Enhancement Project (DEEP). This initiative, run by the Ministry…
World Bank Appoints Bolormaa Amgaabazar as Pakistan Director
ISLAMABAD: The World Bank has announced the appointment of Bolormaa Amgaabazar as its new Country Director for Pakistan, effective July 1, 2025. She will replace…
Pakistan and World Bank Align on $40 Billion CPF Strategy
During high-level meetings in Washington, the World Bank and Pakistani officials confirmed their renewed commitment to implementing the recently launched Country Partnership Framework (CPF) 2026–2035,…
Pakistan Seeks HEDP Project Extension to Finalize IT Work
The federal government has formally requested a fourth HEDP project restructuring from the World Bank to extend the $393.73 million Higher Education Development in Pakistan…
