Aaj News

World Bank approves $350mln financing for RISE-II operation in Pakistan

RISE-II completes a first phase of tax, energy and business climate reforms

Published 20 Dec, 2023 10:52am

Bangladesh forms multilateral partnership to mitigate effects of climate change

Platform established to lend more than $1bln to the country

Published 03 Dec, 2023 05:49pm

Interim govt likely to hold talks with IMF over loan programme in Morocco

The economic team to participate in annual meetings of the IMF and WB

Published 09 Oct, 2023 11:16am

WB projects sluggish growth, high inflation for Pakistan

Says 12.5 million more Pakistanis fell below the poverty line in FY23

Updated 04 Oct, 2023 09:11am

Karachi’s historical ‘quarters’ to be replaced with new apartments

World Bank and P&D start work on the feasibility of the project

Published 30 Sep, 2023 01:32pm

SBP forex reserves likely to hit $14b by Dec 2023, says economist

Terms broadening of tax base and privatisation essential for economic progress

Published 24 Jul, 2023 12:13am

Govt to spend Rs337 billion on solar energy for tube-wells

ECNEC approves several solarisation projects for provinces

Published 11 Jul, 2023 06:51pm

Karachi’s BRT: What is the Yellow Line project?

21km bus route from Dawood Chowrangi to Khuadad Colony

Updated 18 Jun, 2023 05:06pm

Poll results: You told us Karachi’s roads are damaged at 54 locations

But Sindh government did carpeting work at 92 locations in Karachi

Published 12 Jun, 2023 08:02pm

Poll: Tell us if your road has been repaired, Karachi

A living story crowdsourced to hold government accountable

Updated 30 May, 2023 08:56pm

World Bank board elects US nominee Ajay Banga as president

The decision came in a vote by 24 of the board's members

Published 04 May, 2023 02:00pm

Govt provides $3 billion financing plan to IMF

Most of the funding plan consists of loans

Published 18 Apr, 2023 05:02pm

World Bank, IMF spring meetings to get underway in complex economic environment

The fund now expects global growth to fall below three percent this year

Published 10 Apr, 2023 10:57am

China spent $240 billion bailing out ‘Belt & Road’ countries, study shows

Almost 80% of the rescue lending was made between 2016 and 2021

Published 28 Mar, 2023 11:33am

Pakistan vulnerable to climate change: World Bank

Whole Pakistan approach leads to sustainable uplift

Published 13 Mar, 2023 05:14pm

Ajay Banga’s nomination as World Bank chief gives Pakistanis ‘a wake-up call’

He was former Mastercard Inc (MA.N) chief operating officer

Updated 24 Feb, 2023 05:02pm

Asif The Braveheart, fixing KW&SB one World Bank dollar at a time

Reporting on the Sindh government is the gift that keeps giving

Updated 26 Apr, 2023 03:31pm

Pakistan’s food inflation ‘remains below 30%’

World Bank update shows real food inflation in India and Bangladesh is almost nonexistent

Updated 06 Feb, 2023 06:15pm

World Bank refutes reports on delaying loans for Pakistan

Country Director of the World Bank for Pakistan terms the reports as "unfounded"

Published 19 Jan, 2023 09:27pm

World Bank delays loans, Saudi Arab says aid will be ‘conditional’

Pakistan's forex reserves have been dwindling and it has looked to allies for help

Updated 19 Jan, 2023 11:03am

World Bank cuts 2023 world growth forecast in ‘sharp, long-lasting slowdown’

Economists warn of a slump in the world economy as countries battle soaring costs

Published 10 Jan, 2023 09:34pm

World Bank to provide $1.69 bn for flood affected people in Sindh

Cash grants will be provided for houses with structural damage to partially finance restoration

Published 20 Dec, 2022 05:05pm

WB to provide $1.3bn to Pakistan for emergency, agriculture, housing relief

Bank will provide financial support to flood-affected farmers by providing them with subsidized urea

Published 16 Nov, 2022 09:59pm

World Bank to provide $850m in aid to 34 flood-affected districts of Pakistan

UN representative in Pakistan says the UNO wants to work with local administration

Published 17 Oct, 2022 04:45pm

Dar calls for greater policy support from IMF, donors

He urged IMF to tailor its response in view of the situation in Pakistan

Published 16 Oct, 2022 04:46pm

Some political allies wanted Imran to stay on and face economic crisis: Dar

Pakistan vows IMF reforms as flood damage estimated at over $16b

Published 16 Oct, 2022 11:13am

IMF, WB, IsDB assure Pakistan of continued support

Dar in his meeting with President World Bank thanked the Bank for its continued support

Published 14 Oct, 2022 05:14pm

Oil falls on recession fears and China Covid worries

World Bank and IMF see rising risks of global recession

Published 11 Oct, 2022 01:52pm

54 countries, including Pakistan, urgently need debt relief: UN

46 of 54 countries had amassed public debt totalling $782b in 2020, says UNDP report

Published 11 Oct, 2022 11:30am

Govt committed to resolving bottlenecks to growth: Dar

Finance minister meets World Bank Country Director Najy Benhassine

Published 09 Oct, 2022 11:01am