World Bank

China-backed AIIB approves first loans

BEIJING: The China-backed Asian Infrastructure Investment Bank (AIIB) approved its first four loans totalling over… Read More

Pakistan ranked 138th among 189 world economies

LAHORE: As the government keeps on claiming Pakistan as ‘business-friendly’ country for foreign investors, the… Read More

World Bank slashes global growth forecast to 2.4 percent

WASHINGTON:  A worried World Bank slashed its growth forecast for the global economy Tuesday, saying… Read More

World Bank launches $500 million insurance fund to fight pandemics

NEW YORK: The World Bank on Saturday said it was launching a $500 million, fast-disbursing… Read More

Pakistan to get $510mn tranche of IMF loan: officials

ISLAMABAD: The International Monetary Fund announced on Thursday that it would release to Pakistan a… Read More

Pakistan must speed up reform, employ more women for growth – World Bank

ISLAMABAD: Pakistan must speed up reform of the energy sector and bring more women into… Read More

Economies could shrink by mid-century due to scarce water – World Bank

NEW YORK: A World Bank report has stated that Economies across the world could shrink dramatically… Read More

Pakistanis amongst top five expats remitting money

DUBAI: A United Arab Emirates based money exchange service provider has included Pakistanis in its… Read More

Offshore saga: FBR probes transfer of over $4bn to India

ISLAMABAD: The Federal Board of Revenue (FBR) has kicked off investigations into the transfer of… Read More

IMF, World Bank, UN unite to fight tax evasion

WASHINGTON: Four of the world's largest multilateral organizations joined hands Tuesday in the fight to… Read More

Economic slump worries as IMF, World Bank pledge action

WASHINGTON: World finance ministers pledged to boost growth on Saturday at IMF and World Bank… Read More

Pakistani woman appointed to first ever high-level UN panel on women empowerment

UNITED NATIONS: Pakistan's Fiza Farhan from Pakistan was named as a member of the first… Read More

Pakistan can grow with reforms, World Bank President tells IBA students

KARACHI: President of World Bank Group (WBG) Jim Yong Kim concluded a two-day visit to… Read More

World can learn much from Pakistan, says WB president

ISLAMABAD: World Bank Group (WBG) President Jim Yong Kim says Pakistan has a great opportunity… Read More

World Bank president arrives on two-day visit today

ISLAMABAD: World Bank President Dr Jim Yong Kim will arrive in Pakistan on a two-day… Read More

AIIB will boost investment in region: Xi

BEIJING: The new Asian Infrastructure Investment Bank will boost investment in the region while contributing… Read More

World Bank, IMF want to control Pakistan: Raza Rabbani

KARACHI: Senate Chairman Raza Rabbani has said that World Bank and International Monetary Fund (IMF)… Read More

World Bank forecasts 4.5 pct GDP growth this year

WASHINGTON: Despite increasing fears Pakistan gross domestic product growth (GDP) is expected to grow 4.5… Read More

Global warming could push 100 mn more into poverty: World Bank

WASHINGTON: Global warming could elevate disease, ravage crops and push 100 million more people into… Read More

World Bank sees depressed oil, commodity prices through 2016

WASHINGTON: The World Bank said that it expects global commodity prices, important for emerging economies,… Read More