Friday, January 27, 2023
Tags World Bank

Tag: World Bank

Eighty percent Pakistanis’ savings comprise real estate: WB report

A new World Bank study says Pakistani households accumulate significant net worth but overwhelmingly in the form of residential buildings, and on average nearly...

World Bank criticised for messing up Pakistan’s energy sector by supporting gas, LNG

Speakers at a seminar on Wednesday criticised the World Bank for messing up Pakistan’s energy sector by supporting fossil gas and financing LNG infrastructure...

World Bank projects moderate growth rate for Pakistan

The World Bank (WB) has projected a moderate growth rate for Pakistan standing at 4 percent of GDP for the fiscal year 2022-23 against...

World Bank plans $170bn fund to help ‘poorest nations’

The World Bank is seeking to create a $170 billion emergency fund to help the poorest nations being buffeted by multiple crises, the Bank’s...

Pakistan delegation to meet IMF, World Bank

A high-profile Pakistan delegation is set to attend the upcoming annual spring meeting of the Breton Wood Institutions (BWIs) such as the International Monetary...

World Bank sees 1% reduction to 4.3% in economic growth rate

The World Bank (WB) on Wednesday reduced economic growth rate forecast for current fiscal year by almost one percent and noted that the energy...

World Bank approves $195m for energy sector reforms

The World Bank’s Board of Executive Directors on Saturday approved $195 million for Pakistan to help it improve its electricity distribution and carry out...

Pakistan sustains losses worth $1.6b owing to low exports

In its first quarterly economic review report, the planning ministry disclosed that in terms of quantity, the country's exports were decreasing and Pakistan has...

Collapse of Afghanistan’s banking system could fuel refugee crisis, warns UN

The United Nations on Monday warned that urgent action is needed to prop up Afghanistan's banks, highlighting that an increase in people unable to...

Top US economist to Pakistan: Don’t let IMF/WB dictate you

Top US Economist Arthur B Laffer counseled Pakistan to refrain from following the International Monetary Fund (IMF) and the World Bank (WB) when it...

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