World Bank
Govt Seeks World Bank Approval to Revise Punjab’s $200M Health and Education Plan
The government has contacted the World Bank to restructure the $200 million Punjab Human Capital Investment Project (PHCIP). This restructuring aims to help the initiative…
First Quarter Sees 60% Decrease in Foreign Aid to Pakistan
ISLAMABAD: In the first quarter of the current fiscal year (July-September), Pakistan’s foreign assistance inflows dropped 60% to $2.3 billion, from approximately $5.73 billion in…
World Bank approves $800m loan for power sector programs in Pakistan
The World Bank’s Board of Executive Directors has approved a grand sum of $800 million in lending for power sector and human development programs in…
World Bank offers technical support to KP for various projects
The World Bank (WB) has expressed interest in providing technical assistance and support for establishing projects such as citizen facilitation centres, integrating ease of doing…
World Bank hails Punjab’s Citizen Feedback Monitoring Program as a “Force for the public good”
Punjab Government’s Citizen Feedback Monitoring Program (CFMP), which allows citizens to voice their concerns over government services, has been acknowledged by the World Bank as…
Pakistan’s GDP to grow 1.3% in FY2021: World Bank
Pakistan’s GDP growth is expected to reach 1.3 percent in the fiscal year ending June 2021, according to a statement released by the World Bank…
Graduates of the KP Government Innovation Fellowship Program introduce new sustainable solutions and more
PESHAWAR – An online graduation ceremony was organized for the Fellows from the 6th cycle of the KP Government Innovation Fellowship Program on Monday. The…
Pakistan has only 11 Automated Teller Machines (ATMs) per 100,000 people
According to the World Bank statistics, Pakistan has only 11 Automated Teller Machines (ATMs) per 100,000 people. Pakistan has performed poorly on the list of…
Govt seeks loans worth $12bn from World Bank
The Government of Pakistan is looking forward to secure loans amounting to $12 billion from the World Bank over a period of five years as…
Pakistan ranks 2nd in South Asia in terms of ease of starting a business: World Bank
Pakistan has improved its position in the World Bank’s Ease of Doing Business Index for the second year in a row. According to the latest…
World Bank predicts 0.5% growth for Pakistan’s economy in 2021 fiscal year
The World Bank’s latest report on the impact of the coronavirus on South Asian economies has predicted that Pakistan’s economy will only grow by only…
HEC’s World Bank funding to be cancelled if Rs. 2.27b grant not approved
A supplementary grant worth Rs. 2.27 billion has been sought out by the Higher Education Commission (HEC) of Pakistan to avoid the cancellation of financial…
PM Imran Khan signs letter on trilateral train project with Afghanistan & Uzbekistan
Prime Minister Imran Khan signed a letter today for a joint approach with Afghanistan and Uzbekistan for asking international financial agencies to finance the railway…
