Washington/Islamabad: The recent International Monetary Fund (IMF) and World Bank Spring Meetings in Washington concluded without providing much clarity on the future of the US tariff regime, leaving global financial …
World Bank
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Finance Minister Pushes for Climate, Eco Partnerships at IMF-World Bank Meetings
by Umar Sohailby Umar SohailWashington/Islamabad: During the fifth day of the Spring Meetings of the International Monetary Fund (IMF) and World Bank in Washington, D.C., Finance Minister Senator Muhammad Aurangzeb engaged in a series of …
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Approvals for Gwadar Safe City Project NUML, IBA Mirpurkhas
by Umar Sohailby Umar SohailIslamabad: In a significant step toward national development, the Central Development Working Party (CDWP), approved Gwadar Safe City Project, NUML, IBA Mirpurkhas funding and Gwadar Safe City plus a road …
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IMF, World Bank, Meetings: Pakistan eyes capital markets return
by Umar Sohailby Umar SohailIslamabad: Pakistan’s Finance Minister, Muhammad Aurangzeb, highlighted the country’s improved macroeconomic outlook during his visit to Washington for the 2025 Spring Meetings of the International Monetary Fund (IMF) and the …
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Pakistan Shuts Airspace to India, Halts Trade Amid Rising Tensions Over Kashmir Attack
by Web Deskby Web DeskIn a dramatic escalation of tensions, Pakistan has issued a stark warning to India, declaring any move to divert its share of the Indus River water as an act of …
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10 Mln Pakistanis at Risk of Acute Food Insecurity: World Bank
by Umar Sohailby Umar SohailIslamabad: The World Bank has issued a stark warning, projecting that nearly 10 million Pakistanis could face acute food insecurity during the current fiscal year, primarily due to economic challenges …
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World Bank Slashes Growth Projections for Pakistan @2.7%
by Umar Sohailby Umar SohailIslamabad: The World Bank’s latest economic update on Pakistan paints a rather cautious picture for the country’s growth prospects in the near and medium term. The revision of the GDP …
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Pakistan’s Economy Stabilising, But Growth Remains Fragile: World Bank, IMF
by Web Deskby Web DeskThe World Bank and IMF have offered cautious optimism about Pakistan’s economic recovery, with growth projections for FY2025 hovering around 2.6–2.7%. Stabilisation efforts are showing results, but structural reforms and …
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Bangladesh Secures $850M World Bank Funding for Ports and Social Welfare
by Web Deskby Web DeskBangladesh has signed two major financing agreements worth $850 million with the World Bank to boost port infrastructure in Chittagong and strengthen social safety nets for vulnerable populations across the …
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Pakistan Poverty Rate Projected at 42.4% in 2025: World Bank Report
by Umar Sohailby Umar SohailIslamabad/Washington: World Bank has projected that Pakistan’s poverty rate will stand at 42.4% in the fiscal year 2025. This statistic reflects the growing challenge as the country’s population expands at …