Tag: Wb

WB approves $200m to strengthen community-based water management

Over 40,000 farmer households to benefit from improved water management in Balochistan   The World Bank approved a $200 million credit on Tuesday to strengthen the...

Pakistan, WB sign financing agreement for $500 million IDA Development Policy...

  Pakistan and World Bank signed Financing Agreement of $500 million IDA Development Policy Credit for “Competitiveness and Growth” on Thursday. Economic Affairs Division Secretary Tariq...

Dar hails WB’s cooperation in different sectors

World Bank (WB) Country Director Patchamuthu Illangovan called on Finance Minister Senator Ishaq Dar on Saturday and felicitated him on successful conclusion of the...

Pakistan’s GDP growth to remain below 5 per cent, says WB

WB report says current account deficit narrowed to $2.6b in FY2014/15 compared to $3.1b in the previous year, a result of record high remittances...

IMF, WB ready to help quake-hit Afghanistan and Pakistan

The International Monetary Fund (IMF) and World Bank have offered their help to Afghanistan and Pakistan to deal with the recovery and reconstruction efforts...

PM seeks WB assistance for construction of dams

Prime Minister Nawaz Sharif sought World Bank’s financial assistance for construction of dams, which would help meet energy shortfall of the country. World Bank President...

India trigger happy at LoC again

During an exchange of fire between Indian and Pakistani security forces on Tuesday along the Working Boundary (WB) in Sialkot, at least three Pakistanis, including a minor, were killed and 22 others injured.

WB report appreciates Pakistan’s economy despite challenges

“Despite political uncertainty in H1-FY15 and September 2014 floods in Punjab, macroeconomic indicators have improved during ongoing FY15” Helped by lower global oil prices and...

$50m approved for youth by WB

The World Bank has approved $50 million to improve skills training programmes in Punjab. The project aims to improve the quality, labour market relevance and...

WB approves $ 138m loan for Sindh’s irrigation

The World Bank approved US $138 million additional financing to the Sindh Water Sector Improvement Project to further improve the efficiency and effectiveness of...

WB reports urge govts to embrace digital financial services, offer concrete...

Report highlights how digital payments help increase financial independence of women by moving them from limitations of a cash-only economy and connecting them with...

PM lauds Dar for ‘winning’ WB’s $700m loan

Nawaz says govt working with USAID to organise investors’ conference for Diamer-Bhasha dam Prime Minister Nawaz Sharif has said that the government’s rational economic policies...

WB proposes financing for Dasu hydropower project

The World Bank’s board will discuss proposed financing for the first stage of the Government of Pakistan owned 4,300MW Dasu hydropower project on 29...

WB projects 4 percent GDP growth for Pakistan in FY 14

ISLAMABAD The World Bank (WB) has projected 4 per cent growth in Pakistan's Real Gross Domestic Product (GDP) during the fiscal year 2013-14 as the...

WB to give Pakistan $10b in next five years: Dar

WASHINGTON Finance Minister Ishaq Dar on Wednesday said the World Bank would extend around $10.2 billion for developmental projects in next five years. Dar was speaking...

WB to provide $ 0.9m for competitive industries in KP

Pakistan signed a grant agreement of US$ 09 million with the World Bank on Tuesday for “Competitive Industries Project in Khyber Pakhtunkhwa” to be...

Giving MFN status to India will benefit Pakistan: WB

The World Bank (WB) has said Pakistan will benefit from granting the most favoured nation (MFN) status to India. The World Bank also suggests the...