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All Stories: World Bank

Key takeaways from the IMF/World Bank meetings

Overshadowed by fresh Middle East violence and hosted by a country still recovering from an earthquake, the week-long annual meetings of the International Monetary...

Reforms could enhance taxes share in Pakistan’s economy: WB

ISLAMABAD: The World Bank has said tax reforms could enhance taxes share in Pakistan's economy by two percent, ARY News reported on Saturday. Imposition of...

World Bank advises tax reforms in Pakistan to ease debt burden

ISLAMABAD: The World Bank (WB) has said Pakistan is collecting lesser tax than its actual capacity, ARY News reported on Tuesday. Pakistan is falling short...

World Bank advises cut in govt. expenditure

ISLAMABAD: The World Bank has expressed its reservations over Pakistan's state expenditures of 1124 billions, citing sources ARY News reported on Monday. According to sources,...

Pakistan’s GDP to rebound to 1.7% in FY23-24: World Bank

ISLAMABAD: Pakistan's GDP growth is projected to rebound to 1.7% in FY2023-24, according to the World Bank’s latest Pakistan development update. According to details, the...

Israeli restrictions hinder Palestinians’ access to healthcare: WB

Israel's restrictions and rising fiscal constraints in the Palestinian territories are severely impacting the economic conditions of Palestinians and hindering their access to timely...

Finance Minister lauds World Bank’s efforts for Pakistan’s economic stability

ISLAMABAD: Caretaker Finance Minister Dr. Shamshad Akhtar has reiterated that Pakistan values its development partnership with World Bank, ARY News reported. Talking to Country Director...

World Bank commends Pakistan’s dedication to ‘economic reforms’

ISLAMABAD: World Bank’s Country Director Najy Benhassine on Tuesday commended Pakistan’s dedication to economic reforms and expressed the institution’s readiness to provide technical assistance...

Word Bank and FBR review progress on ‘Pakistan Raises Revenue Program’

Mr. Najy Benhassine, Country Director, World Bank, and Chairman Federal Board of Revenue Mr. Asim Ahmad held a meeting today at FBR Headquarters to...

WB okays $100 million financing for Pakistan

The World Bank’s Board of Executive Directors Thursday approved US$100 million for the Punjab Family Planning Program to increase the utilization of family planning...

World Bank approves $46m for child healthcare in KP

ISLAMABAD: The World Bank has approved $46 million to enhance access to child healthcare services and improve citizen-centered service delivery in selected districts of...

WB okays $46m financing for KP healthcare

The World Bank’s Board of Executive Directors today approved US$46 million in financing for the Khyber Pakhtunkhwa Citizen-Centered Service Delivery Project, which will support...

World Bank approves $200mn aid for Pakistan

ISLAMABAD: The World Bank (WB) has approved $200 million emergency aid for Pakistan for the repair of infrastructure that was damaged in floods, ARY...

World Bank approves $1 billion loan to Kenya

The World Bank said on Tuesday it approved a $1 billion loan to Kenya to support its budget as East Africa's economic powerhouse confronts...

World Bank approves $21 million for infrastructure in Balochistan

World Bank has granted approval for a substantial amount of $21 million to aid the rehabilitation and recovery of areas that have been severely...

Food prices hike badly affects purchasing power in Pakistan: WB

ISLAMABAD: The World Bank has ringed the warning bell for Pakistan in a report over the food inflation in the country, ARY News reported...

Pakistan needs massive investment in human capital: WB report

ISLAMABAD: The World Bank in a report pointed out that Pakistan faces deep human capital crisis, ARY News reported on Tuesday. The bank has released...

Ishaq Dar holds virtual meeting with WB South Asia vice president

ISLAMABAD: Finance Minister Senator Ishaq Dar on Friday held a virtual meeting with Martin Raiser, South Asia Vice President of the World Bank. The meeting...

Ishaq Dar attends IMF, World Bank’s Spring meetings

ISLAMABAD: Finance Minister Senator Ishaq Dar attended IMF/World Bank Spring meetings through Zoom with high level IMF team headed by Jihad Azour Director Middle...

World Bank cuts Pakistan’s GDP forecast on rising rates, limited fiscal space

The World Bank sharply lowered Pakistan's current-year growth forecast, saying the country's economic growth prospects have weakened due to tighter financial conditions and limited...
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