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Tag: World Bank

National Workshop on Deregulating Wheat Market Held in Islamabad
Business

National Workshop on Deregulating Wheat Market Held in Islamabad

January 24, 2025January 24, 2025 - by Web Desk

The Ministry of National Food Security and Research (MNFSR), in collaboration with the Asian Development Bank (ADB), organized a workshop to address challenges and explore opportunities in Pakistan’s wheat sector. …

National Workshop on Deregulating Wheat Market Held in Islamabad Read More
LMKR Partners with LG&HTP to Modernize Karachi’s Property
Business

LMKR Partners with LG&HTP to Modernize Karachi’s Property Tax System

January 14, 2025January 14, 2025 - by Web Desk

PAKISTAN: – LMKR is building a comprehensive system to modernize Karachi’s Urban Immovable Property Tax Administration System (UIPT-MIS). Signed on Dec. 20, 2024, with Local Government & Housing Town Planning …

LMKR Partners with LG&HTP to Modernize Karachi’s Property Tax System Read More
PPHS 2024
Pakistan

PPHS 2024 marks a significant milestone in socio-economic research, Dr. Nayab

September 4, 2024September 4, 2024 - by Web Desk

Islamabad : Director of Research Dr. Durre Nayab, PIDE, provided the findings from the Pakistan Panel Household Survey (PPHS) 2024 Round. She stated that PPHS 2024 marks a big milestone …

PPHS 2024 marks a significant milestone in socio-economic research, Dr. Nayab Read More
economic crisis
Opinion & Blogs

Afghanistan’s economic crisis deepens, former govt employees struggle

August 20, 2024August 20, 2024 - by Web Desk

Afghanistan’s monetary situation has deteriorated hastily underneath Taliban rule, with former government employees facing severe monetary hardships. The World Bank has warned that unemployment fees within the USA have reached …

Afghanistan’s economic crisis deepens, former govt employees struggle Read More
World Bank
Business

World Bank to give $8.7bn loan to Pakistan for development projects

August 6, 2024August 6, 2024 - by Web Desk

The Division of Economic Affairs confirmed that the funds will be allocated to various initiatives aimed at strengthening infrastructure, education and emergency recovery efforts. According to a document from the …

World Bank to give $8.7bn loan to Pakistan for development projects Read More
PANAH rejects any reduction of taxes on juices
Pakistan

PANAH rejects any reduction of taxes on juices

May 19, 2024May 19, 2024 - by Web Desk

The Pakistan National Heart Association (PANAH) has called upon Prime Minister Shahbaz Sharif, Finance Minister Muhammad Aurangzeb, Federal Commerce Minister Jam Kamal, and Dr. Malik Mukhtar Ahmad Bharath, Coordinator to …

PANAH rejects any reduction of taxes on juices Read More
LUMS
Pakistan

LUMS Hosts 2nd Symposium on Battery Electric Vehicles in Pakistan

May 7, 2024May 7, 2024 - by Web Desk

Islamabad: LUMS Pakistan organized the 2nd Symposium on Battery Electric Vehicles (BEV) in Pakistan in association with Higher Education Commission (HEC) of Pakistan, World Bank and International Finance Corporation (IFC). …

LUMS Hosts 2nd Symposium on Battery Electric Vehicles in Pakistan Read More
GDP Growth
Business

GDP growth expected to be between 2% to 3%: SBP

May 2, 2024May 2, 2024 - by Web Desk

The Special Investment Facilitation Council (SIFC) has been working hard at the policy level to revive Pakistan’s economy and the results show that the country’s economy is growing. According to …

GDP growth expected to be between 2% to 3%: SBP Read More
Pakistan's reforms programme
Pakistan

WB, ADB assure full support for Pakistan’s reforms programme to fix economy

April 17, 2024April 17, 2024 - by Web Desk

World Bank has said that fully support Pakistan in its reforms and digitization program to stabilize economy and increase revenue. The assurance was given in a meeting between Finance Minister …

WB, ADB assure full support for Pakistan’s reforms programme to fix economy Read More
PTCL Group
Business

IFC approves financing for PTCL Group’s acquisition of Telenor Pakistan

April 9, 2024April 9, 2024 - by Web Desk

Islamabad: The Board of Governors of the International Finance Corporation (IFC) has provided assistance to finance the PTCL Group for the acquisition of Telenor Pakistan. The decision sees the PTCL …

IFC approves financing for PTCL Group’s acquisition of Telenor Pakistan Read More
Bank financing
Business

Bank financing hits record high

February 27, 2024February 27, 2024 - by Web Desk

KARACHI: Pakistan’s commercial banks continued to lend freely to the cash-strapped government at increased rates of return, raising their funding to a record 93% of total deposits in January 2024. …

Bank financing hits record high Read More
FBL
Business

Faysal Bank doubles operating profit for the year ended 2023

February 7, 2024February 7, 2024 - by Web Desk

Karachi: Faysal Bank Limited (FBL) a prominent Islamic bank in Pakistan, has shown strong performance in the inaugural year as an Islamic Bank, showcasing its healthy business fundamentals as well …

Faysal Bank doubles operating profit for the year ended 2023 Read More
SBP
Business

SBP reports massive drop in currency circulation

February 7, 2024February 7, 2024 - by Web Desk

In a recent report issued by the State Bank of Pakistan (SBP), it was revealed that the currency in circulation in the Pakistani economy has seen a significant decline. Currency …

SBP reports massive drop in currency circulation Read More
Stock Market
Business

Stock Market adds 300 points ahead of election day

February 7, 2024February 7, 2024 - by Web Desk

KARACHI: After a long weekend, the stock market continued its momentum from Friday and registered a gain of 265 points during the hour of trading. The index was at the …

Stock Market adds 300 points ahead of election day Read More
Global Health Security Summit
Health

In a first, Pakistan to host ‘Global Health Security Summit’

January 8, 2024January 8, 2024 - by Web Desk

Taking an unprecedented initiative, Pakistan organized a first-of-its-kind “Global Health Security Summit” (GHSS) in Islamabad.The two-day debate on 10-11 January is aimed at devising a strategy to deal with future …

In a first, Pakistan to host ‘Global Health Security Summit’ Read More

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