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World Bank approves $194mln for education, water projects in Pakistan 

The World Bank (WB) has approved $194 million for education and water projects in Pakistan, ARY News reported on Wednesday. According to the World Bank,...

WB approves $194 mln to support Balochistan education, water projects

ISLAMABAD: The World Bank Board (WB) has approved $194 million for two projects to enhance educational opportunities for children and boost water security in...

Confessions of an Economic Hitman by John Perkins: A Summary

Confessions of an Economic Hitman by John Perkins is a gripping exposé of global economic manipulation, detailing how powerful nations and corporations exploit developing...

World Bank to invest $40 billion in Pakistan

ISLAMABAD: The World Bank (WB) to invest $40 billion in Pakistan during 2026 to 2035 under its Country Partnership Framework (CPF), ARY News reported...

Indus Water Treaty cannot be suspended unilaterally: World Bank

President World Bank has said that there is no clause in the Indus Water Treaty (IWT) to hold the agreement in abeyance or suspend...

Pakistani delegation to arrive in Washington for IMF, WB talks on April 20

ISLAMABAD: A Pakistani delegation, led by Finance Minister Muhammad Aurangzeb, will arrive in Washington on April 20 to participate in the meetings of the...

World Bank to provide US$ 300 mln to Punjab for smog mitigation

ISLAMABAD: The World Bank will provide $300 million in financing for the smog mitigation to Pakistan, the lender said in a statement. The amount aims...

Pakistan secures major funding from World Bank: sources

ISLAMABAD: The World Bank has committed to providing $20 billion to Pakistan, with 19 out of 24 directors voting in favour of the decision,...

Poverty increases in Pakistan by 7% in 2024: World Bank report

ISLAMABAD: A recent World Bank report has negated the government’s tall claims of a thriving economy of Pakistan, ARY News reported on Friday. PML-N led...

World Bank announces record $100b support for world’s poorest countries

The World Bank announced Thursday that it had raised close to $24 billion to provide loans and grants for some of the world's poorest...

World Bank expects oil glut to cause commodity price slump

Global commodity prices should fall to a five-year low next year thanks to a huge oil glut, the World Bank said Tuesday, pointing to...

Power sector subsidies surge by 400% in five Years: World Bank 

ISLAMABAD: The World Bank has revealed that the power sector subsidies in Pakistan have increased by a staggering 400% in the last five years,...

World Bank concerned on power sector’s soaring circular debt

The World Bank has expressed reservations in a statement as circular debt of Pakistan's power sector keeps surging. "Despite steep hike in power tariffs in...

World Bank concerned over Pakistan’s power sector circular debt

ISLAMABAD: The World Bank (WB) concerned over the rise in Pakistan's power sector circular debt despite historic hike in electricity tariffs, ARY News reported. The...

26 poorest nations in worst financial shape since 2006: World Bank

The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and...

Pakistan’s GDP to grow by 2.8 pc in FY 2025: WB

ISLAMABAD: The World Bank has released its latest report on Pakistan's economy, forecasting a growth rate of 2.8% in the fiscal year 2025, ARY...

Sindh CM, WB team discuss projects of $3.4bn, set timeline to expedite work

KARACHI: Sindh Chief Minister (CM) Murad Ali Shah and the World Bank high power team led by the Country Director Najy Benhassine reviewed the...

Indonesian economy to steadily grow over next two years: World Bank

JAKARTA: Indonesia's economy is expected to steadily grow over the next two years on the back of domestic consumption and investment despite weak exports,...

World Bank to provide $535mln to Pakistan

ISLAMABAD: The World Bank has announced that it will provide $535 million to Pakistan for two projects aimed at mitigating the effects of climate...

Punjab gets $150 million loan from World Bank

The World Bank has approved $150 million loan to improve education facilities in Pakistan's Punjab province. The project is expected to directly benefit approximately 5...
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