Friday, January 27, 2023
Tags World Bank

Tag: World Bank

World Bank downgrades Pakistan’s GDP growth rate, projects higher inflation

World Bank downgrades Pakistan's GDP growth rate at 3.4% while projecting the inflation rate to rise during the current fiscal year. The Washington-based lender also...

South Asian economies recover amid rallying global demand

Economies in South Asia recover as global demand bounces back and targeted containment measures aid in reducing the economic impacts of the pandemic. According...

Is Afghan economy on verge of collapse?

Afghanistan is encountering a cash crisis that has crippled the country’s frail economy, only a few weeks after the US troops left, Border restrictions,...

World Bank releases $397M loan for Pakistan

The World Bank (WB) on Wednesday gave a green light to a budgetary support loan of $397 million for Pakistan. The loan will be...

US allows aid for Afghanistan amidst humanitarian crisis

The United States has relaxed some of its sanctions to pave the way for humanitarian and economic aid to flow into the crisis-hit and...

Pakistan, IMF set to discuss stability, $1bn tranche

Pakistan is scheduled to be meeting with the International Monetary Fund (IMF) on October 4 to discuss issues pertaining to the electricity tariffs and...

Can the Taliban realise the Afghan dream?

The Afghan economy is in turmoil. The World Bank has suspended its funding to Afghanistan in the aftermath of the Taliban taking control of...

World Bank stops Afghanistan funding after Taliban takeover

The World Bank has stopped funding for projects in Afghanistan after the Taliban’s takeover of the country. Speaking to the BBC a spokesperson from the...

Efforts under way to secure World Bank loan: Tarin

The government will make all-out efforts to address three to four outstanding issues, including tax harmonisation, for securing loans worth over $800 million from...

World Bank, IMF push govt to increase power tariff

The World Bank and the International Monetary Fund (IMF) increase pressure on Pakistan to increase the power tariff at the start of 2022. In the...

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