Tag: World Bank
Pakistan seeks rescheduling of $27b bilateral debt
Dar rules out the possibility of a default on Pakistan's debt, an extension of the maturity date on bonds due in December or a renegotiation of Pakistan's current IMF programme
Floods to drag up to 9 million Pakistanis into poverty: World Bank
Report predicts Pakistan’s economy is expected to grow by only 2 percent in the current fiscal year ending June 2023
World Bank assures full support to Pakistan’s economic reforms
The World Bank has assured full support in future to implement the projects funded by the institution and the economic reforms in the country.The...
$2 billion added to the ongoing IMF programme
Pakistan and the International Monetary Fund (IMF) have agreed to extend the bailout programme up to one year and increase the loan by $2...
World Bank says sustaining recovery requires addressing structural weaknesses of economy
The World Bank has lauded Pakistan's efforts and said that the country enjoyed a strong recovery and grew 5.6 per cent in FY21 following...
World Bank forecasts Pakistan’s growth at 4.3
The World Bank has forecast Pakistan's economic growth at 4.3 per cent in the current financial year stating that the latest energy subsidies announced...
World Bank approves $435m for three projects in Pakistan
The World Bank has approved $435 million in financing for three projects in Pakistan that would expand access to housing finance, particularly for low-income...
Balancing Geopolitics & Geoeconomics
Pakistan will have to work deftly on both the economic and political fronts to secure its place in the new global order
UNCERTAIN FUTURE
The course of US-Pakistan relations will be determined by some clear-cut policy options
Ever-Tightening Squeeze
Despite an increase in economic activity and high foreign exchange reserves, the Pakistani rupee has plunged to record lows and the stock market has taken a beating. So the question is: Why? How do key business leaders view the situation? What is the mood of the moment?