27 countries seek crisis relief funds from World Bank since Iran war starts
- 23-May-2026
Since Iran war started, 27 countries have sought crisis instruments that could quickly access funding from existing World Bank programmes, according to an internal document viewed by the Reuters. The World Bank document did not name the countries or the total amount of funds potentially being sought. The war has adverse impact over the economies […]
Finance Minister holds meetings with World Bank’s MD operations, Vice-President
- 14-Apr-2026
WASHINGTON: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, commenced his engagements at the World Bank-IMF Spring Meetings 2026 today with a productive meeting with Ms. Anna Bjerde, Managing Director (Operations), World Bank Group in Washington, D.C.. The Finance Minister appreciated the World Bank Group’s longstanding support to Pakistan’s reform and development agenda. The […]
World Bank chief lauds Pakistan’s economic reforms in meeting with PM Sharif
- 02-Feb-2026
ISLAMABAD: World Bank (WB) President Ajay Banga lauded Pakistan’s economic reforms in a meeting with Prime Minister Shehbaz Sharif in Islamabad on Monday. Banga landed in Pakistan on a four-day official visit to discuss 10-year World Bank Country Partnership Framework. As per details, Prime Minister Shehbaz Sharif met World Bank Group President Ajay Banga and […]
World Bank president arrives in Pakistan
- 01-Feb-2026
ISLAMABAD: World Bank (WB) President Ajay Banga has arrived in Pakistan on an important visit aimed at strengthening the 10-year country partnership with Pakistan, ARY News reported on Sunday, citing sources. According to the programme shared by sources, President Banga is scheduled to remain in the country until 4 February and will hold meetings with […]
World Bank recommends key reforms in Pakistan
- 27-Jan-2026
ISLAMABAD: The World Bank in its South Asia development report emphasized for improvement in taxation system and enhancing tax collection in Pakistan. The WB report suggested key reforms for Pakistan also include modernizing irrigation and linking energy subsidies to social protection programs. The World Bank recommends measures to discourage pollution as a way to improve […]
World Bank approves $700mn financing for Pakistan
- 20-Dec-2025
ISLAMABAD: The World Bank’s Board of Executive Directors has approved $700 million in financing for the Pakistan Public Resources for Inclusive Development – Multiphase Programmatic Approach (PRID-MPA). PRID-MPA is a multi-year, multi-program initiative aimed at supporting macroeconomic stability and improving service delivery in the country. According to a World Bank press release, the PRID-MPA is […]
World Bank approves $400 million for Pakistan
- 12-Dec-2025
The World Bank (WB) has announced that it will provide Pakistan with $400 million in funding for the Punjab Inclusive Cities Program. According to the statement, the funds will help deliver clean drinking water, sanitation and waste management services to 4.5 million people across 16 cities in Punjab, Pakistan. An additional 2 million residents will […]
Pakistan’s growth rate insufficient for poverty alleviation: WB report
- 28-Oct-2025
ISLAMABAD: The World Bank has projected Pakistan’s GDP growth at 3% in FY 2025-26 in its “Pakistan Development Update 2025. The lender in its report said that it expects the country’s GDP growth in current year to remain at 3%. “The growth is projected to pick up to 3.4% in the next year but will […]
World Bank warns of slower growth, rising inflation in Pakistan
- 08-Oct-2025
The World Bank has released a report on Pakistan’s economic outlook, warning that the country’s economic growth may slow down and inflation may rise due to the recent devastating floods. According to the report, Pakistan’s GDP growth rate for the current fiscal year (2025–26) is projected to remain limited to 2.6%, significantly lower than the […]
Sindh CM, World Bank discuss roadmap for sustainable rural WASH services
- 02-Oct-2025
KARACHI: Sindh Chief Minister Syed Murad Ali Shah held a high-level meeting with a World Bank delegation led by Country Director Ms. Bolormaa Amgaabazar to review the proposed Sindh Transformational Accelerated Rural Water Supply, Sanitation, and Hygiene Services (STARS-WASH) Project, aimed at tackling rural water, sanitation, and hygiene (WASH) challenges and reducing child stunting across […]