World Bank
World Bank Reviews Progress of $400M Higher Education Project in Pakistan
ISLAMABAD: The World Bank stocktaking mission recently held a series of meetings with the Higher Education Commission (HEC) to review the progress of the Higher…
2035 Forecast: Pakistan’s Economy to Hit $1 Trillion
LAHORE: Martin Raiser, the World Bank’s VP for South Asia, suggests that Pakistan’s GDP could reach $1 trillion by 2035, provided it maintains a consistent…
Faceless System Clears Goods in 18 Hours
KARACHI: Muhammad Jamil Nasir Khan, Chief Collector of Customs Appraisal in the South, stated that the newly introduced Faceless Customs Assessment (FCA) system has significantly…
Pakistan Achieves Sixth Rank in Worldwide Solar Energy Market
Pakistan has established itself as the world’s sixth-largest solar market, driven by a growing reliance on renewable energy, particularly solar power. A recent report by…
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…
