Yellen urges more IMF, WB reforms for climate fight BENGUERIR (Morocco): US Treasury Secretary Janet Yellen said Tuesday she backed efforts to boost the lending... Published 11 Oct, 2023 03:10am
BR Research Diesel: Low(est) demand or high(est) smuggling? September 2023 petroleum sales numbers were a rude awakening – laying bare so many things simultaneously. From the... Published 10 Oct, 2023 09:05am
World World Bank urges cooling of Israel-Gaza conflict MARRAKECH, (Morocco): The World Bank on Monday urged a “rapid de-escalation” of the fighting in Israel and Gaza... Published 10 Oct, 2023 06:19am
Business & Finance IMF, World Bank hold first meetings in Africa in 50 years MARRAKESH: The IMF and World Bank began talks in Morocco Monday in their first annual meetings on African soil in 50... Published 10 Oct, 2023 06:19am
Print World Bank for taxation of agri income, property ISLAMABAD: The World Bank (WB) has recommended taxation of agricultural income and property, withdrawal of... Updated 10 Oct, 2023 11:22am
Print Privatising Discos to create private-sector monopolies, warns World Bank ISLAMABAD: The privatisation of distribution companies (Discos) may lead to private-sector monopolies in the absence... Updated 10 Oct, 2023 08:46am
World World Bank says it hopes for a rapid de-escalation of the conflict in Israel, Gaza MARRAKECH: The World Bank on Monday told its staff it was gravely concerned about the “shocking escalation” of... Published 09 Oct, 2023 05:03pm
Business & Finance IMF, World Bank hold first meetings in Africa in 50 years MARRAKESH: The IMF and World Bank gather in Morocco Monday for their first annual meetings on African soil in 50... Published 09 Oct, 2023 12:15pm
Opinion Poverty on the rise Poverty levels have risen from 34.2 percent in 2022 to 39.4 percent in 2023, pushing 12.5 million people below the... Updated 09 Oct, 2023 07:03am
Print IMF, World Bank meetings: Shamshad-led team leaves for Morocco ISLAMABAD: Pakistan’s economic team, led by Caretaker Finance Minister Dr Shamshad Akhtar has departed for Morocco... Updated 09 Oct, 2023 08:42am
Editorials CCER: stupendous task EDITORIAL: The eleven-member Cabinet Committee for Economic Revival (CCER) has suggested slashing the budgeted... Updated 09 Oct, 2023 07:01am
Print Human capital investment: WB rates $200m KP project progress unsatisfactory ISLAMABAD: The World Bank has rated the overall implementation progress of the Khyber-Pakhtunkhwa Human Capital... Updated 08 Oct, 2023 05:35pm
World Emerging economies face China and rate pressures as IMF, World Bank meet LONDON: Emerging economies are facing headwinds from all sides, with a recent selloff in U.S. Treasuries and China’s... Published 07 Oct, 2023 06:28pm
Opinion Implementation – a key challenge The World Bank issues ‘policy advice’ to Pakistan, from time to time, on key reforms, structural weaknesses and... Updated 07 Oct, 2023 06:42am
World IMF, World Bank to tackle climate goals among reforms at annual meetings WASHINGTON: The World Bank and International Monetary Fund will tackle the thorny issue of institutional reform at... Published 06 Oct, 2023 03:03am
Pakistan Flood-affected areas projects: WB official, minister discuss progress ISLAMABAD: Country Director World Bank Njay Benhassine called on Caretaker Minister for Planning, Development and... Published 06 Oct, 2023 03:03am
Opinion World Bank needs to revisit its policy and lending focus In its recently released report ‘Pakistan development update October 2023: restoring fiscal sustainability’ the... Updated 06 Oct, 2023 09:56am
Business & Finance WB seeks higher rates of FED on all brands of cigarettes ISLAMABAD: The World Bank (WB) has strongly recommended higher rates of the federal excise duty (FED) on all brands... Published 06 Oct, 2023 03:03am
World World Bank sees Saudi economy contracting in 2023, MENA growth sharply lower DUBAI: The World Bank expects Saudi Arabia’s economy to contract by 0.9% in 2023, it said in a report on Thursday,... Published 05 Oct, 2023 06:58pm
World IMF, World Bank to tackle climate goals among reforms at annual meetings WASHINGTON: The World Bank and International Monetary Fund will tackle the thorny issue of institutional reform at... Published 05 Oct, 2023 10:24am
World Pakistan among developing countries facing a debt crunch LONDON: High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a... Published 04 Oct, 2023 03:43pm
Opinion Lines Area too deserves Sindh caretaker govt’s attention The caretaker government of Sindh deserves a lot of appreciation for coming up with a plan that no elected or... Published 04 Oct, 2023 06:20am
Opinion ChatGPT as pivot for digital healthcare professionals 30th November 2022 heralded the dawn of a major paradigm shift in the machine-based learning world. On that fateful... Updated 04 Oct, 2023 06:52am
Editorials Milking the system for what it is worth EDITORIAL: During a press briefing in Washington DC, Julie Kozack, Director of Communications International Monetary... Published 04 Oct, 2023 06:20am
Print World Bank projects primary balance at negative 0.4pc ISLAMABAD: The World Bank has projected a primary balance for Pakistan at negative 0.4 percent (-0.4) for the... Updated 04 Oct, 2023 08:36am
Print Certain tax policies discourage investment in tradable sector: World Bank ISLAMABAD: Certain tax policies in Pakistan discourage investment in the tradable sector, and certain investment... Updated 04 Oct, 2023 09:15am
Business & Finance World Bank revises growth downward to 1.7pc ISLAMABAD: The World Bank has revised downward Pakistan’s GDP growth projection for the current fiscal year 2023-24... Published 04 Oct, 2023 06:20am
Pakistan Poverty headcount in Pakistan reached 39.4% in FY23, projects World Bank Expects poverty reduction to be gradual in the medium term, owing to weak growth and lower labor income, persistent inflation (especially for food and energy), and lower remittances Updated 03 Oct, 2023 10:35pm
Pakistan Pakistan’s GDP projected to recover to 1.7% in FY24: World Bank This is 'predicated on the robust implementation of the IMF Stand-By Arrangement, new external financing and continued fiscal restraint' Updated 03 Oct, 2023 10:43pm
World World Bank maintains India current fiscal year growth forecast at 6.3% NEW DELHI: The World Bank on Tuesday maintained its forecast for India’s economic growth for the current fiscal year... Published 03 Oct, 2023 12:20pm