World Bank
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…
World Bank Launches Education, Water Projects in Balochistan With $194m Funding
The World Bank has launched two major projects in Balochistan to reduce learning poverty and address the province’s ongoing water security challenges. With a combined…
World Bank Approves Additional $70 Million Credit
The World Bank has approved an additional $70 million credit for the Pakistan Raises Revenue project, bringing the total funding to $470 million. This financing…
IT Ministry admits failure to comply with PSQCA on $77.73M Digital Economy Project
ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT) has admitted that it did not consult the Pakistan Standards and Quality Control Authority (PSQCA) under…
Pakistan is Still Decades Away from Digital Equality, Warns World Bank
ISLAMABAD: Pakistan has one of the lowest average broadband speeds in South Asia. Fixed broadband packages cost 11.1 percent of the average monthly GNI per capita, which…
Staggering 42.4% of Pakistanis Now Live in Poverty, Says World Bank
ISLAMABAD: In 2025, Pakistan’s poverty rate is estimated to be 42.4 percent, with a population growth of nearly 2 percent annually. This translates to approximately 1.9…
Govt Restructures IT Ministry Under $77M World Bank Digital Project
ISLAMABAD: The government has decided to restructure the Ministry of Information Technology and Telecommunication to implement the World Bank’s Digital Economy Enhancement Project (DEEP)’ worth…
World Bank Approves $102M for Pakistan’s RAM Project to Boost Microfinance
ISLAMABAD: The World Bank’s Board of Directors has approved $102 million in financing for the Resilient and Accessible Microfinance (RAM) Project, aimed at expanding access…
