–Pakistan wants a court of arbitration to address its concerns over the designs of India’s hydroelectric projects whereas India seeks appointment of a neutral expert ISLAMABAD: A high-level Pakistan delegation led by…
SANTIAGO: A World Bank arbitration court has ordered the Pakistani government pay damages of $5.8 billion to Tethyan Copper, a joint venture between Chile’s Antofagasta Plc (ANTO.L) and Canada’s Barrick Gold (ABX.TO),…
–Says no meeting scheduled between Qureshi and Sushma in SCO moot –Refuses to comment on arrests of Chinese nationals over human trafficking charges –Says Aasia Bibi has left the country out of…
–IMF delegation to visit Islamabad before end of April to continue discussions on bailout package –Finance minister says World Bank to give $7.5bn to Pakistan following IMF deal –Pakistan submits compliance report…
WASHINGTON: Pakistani delegation led by Finance Minister Asad Umar participated in IMF and World Bank Spring meetings in Washington and discussed the economic situation of the country, reported Radio Pakistan. On the…
–Urgent structural reforms can revive Pakistan’s economic growth: WB report –Report says growth will reach 4 per cent in FY21 after touching 2.7pc in FY20 ISLAMABAD: The World Bank in its recent…
WASHINGTON: David Malpass, the Treasury official nominated by President Donald Trump to head the 189-nation World Bank, was elected to the job on Friday. Malpass was approved unanimously by the bank’s 25-member…
ISLAMABAD: The World Bank (WB) has suspended a $200 million loan due to allegations of corruption in Balochistan Integrated Water Resource Management and Development Project. The project was aimed to strengthen the provincial…
–WB report titled ‘[email protected]: Shaping the Future’ says fiscal challenges partly due to weak governance –Failure to implement tax reforms, misalignment of responsibility, weak institutions causing high debt, deficit levels –Pakistan asked…
ISLAMABAD: Pakistan can get more economic, social and environmental benefits from its water, subject to urgent reforms to improve water use efficiency and service delivery, says a new report from the World…
KARACHI: The “Karachi Neighbourhood Improvement Project” launched by the World Bank in the provincial capital has faced delays and is yet to be completed even though its deadlines have passed. The project was…
Former UN Ambassador Nikki Haley and US President Donald Trump’s daughter and adviser Ivanka are among possible US candidates to replace outgoing World Bank President Jim Yong Kim, The Financial Times reported…
–WB says informal sector provides two-thirds of total employment, but produces only around one-third of GDP –Forecasts global economic economy will decelerate to 2.9pc this year, 2.8pc in 2020 The World Bank…
–Digitisation plan in limbo owing to lack of data, issues of lands’ ownership –PLRA spokesperson says digitisation not authority’s mandate, govt hasn’t assigned task either LAHORE: World Bank (WB) has visited the Punjab…
ISLAMABAD: The alarming state of water supply and sanitation in Pakistan is creating major health hazards for the entire population and young children are particularly at risk, says a new World Bank report.…
KARACHI: A World Bank (WB) delegation met with Minister for Local Government and Kacchi Abadies Saeed Ghani on Thursday and briefed him on the modernisation efforts of water and sewerage system in…
ISLAMABAD: Economic advances around the world mean that while fewer people live in extreme poverty, almost half the world’s population — 3.4 billion people — still struggles to meet basic needs, the World…
