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Pakistan, World Bank, Ease of Doing Business, Index, Pakistan Ease of Doing Business

Pakistan improves ranking on WB Ease of Doing Business Index

Pakistan has improved its position on World Bank Ease of Doing Business Index for the second consecutive year, shows the annual report issued by Security and Exchange...

Joblessness, Pakistan, World Bank

Pakistan to face unprecedented joblessness in 2021

Pakistanis may face an unprecedented level of joblessness during the fiscal year 2021 (July 2020 to June 2021) as the International Monetary Fund (IMF) expects...

World Bank, Karachi

World Bank estimates $10 billion will solve Karachi’s problems

The World Bank estimates that Karachi needs $9 billion to $10 billion pumped into it over the next 10 years for it to be fixed. In a recently released 2018...

COVID-19, World Bank, poverty, World Bank poverty

COVID-19 could lead to 100mn being pushed into ‘extreme poverty’, warns WB

Story by AFP World Bank President David Malpass warned that the coronavirus pandemic may have led as many as 100 million people back into extreme poverty. The...

World Bank, electricity, Pakistan

World Bank says duration of electricity interruption much higher in Pakistan

The World Bank, in its first comprehensive stock-taking of infrastructure services in Asia, says although electricity access in Pakistan is in line with regional...

Pakistan, World Bank, loan

Pakistan gets $500 million from World Bank

Pakistan received $505 million from the World Bank, the State Bank of Pakistan said in a statement on Tuesday (July 28). The country has been taking loans from...

Pakistan, World Bank, loans, AIIB

Pakistan signs loan deals with World Bank, AIIB

Pakistan has signed two financing agreements worth over $750 million with the World Bank and Asian Infrastructure Investment Bank (AIIB) for the Resilient Institutions...

Economic collapse, world economy, World Bank, coronavirus world economy

World facing worst economic collapse in 150 years: World Bank

Story by AFP The coronavirus pandemic inflicted a “swift and massive shock” that has caused the broadest collapse of the global economy since 1870 despite...

Pakistan, World Bank, ecosystem restoration pact, Pakistan World Bank

Pakistan, World Bank to sign disaster resilience, ecosystem restoration pact

The World Bank has agreed to join hands with Pakistan to support the latter’s disaster resilience and ecosystem restoration initiatives through more reliable and...

Pakistan, debt, relief, IMF, World Bank, Imran Khan, loan, Pakistan debt relief

Will Pakistan get debt relief in the wake of global virus outbreak?

Major international creditors will suspend debt payments this year for the world’s poorest countries, who will be hit hardest by the rapidly spreading coronavirus...