World Bank

Category: World Bank

Pakistan Undertakes Reforms to Bolster Fiscal Resilience and COVID-19 Recovery

June 30, 2020 |

Washington, June 30, 2020 (PPI-OT): The World Bank’s Board of Executive Directors approved today $500 million in financing for the Resilient Institutions for Sustainable Economy program (RISE) to help Pakistan strengthen fiscal management, promote transparency and private sector growth, and…

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South Asia Ramps up Eco-Innovation to Curb Marine Plastic Pollution

June 9, 2020 |

Washington, June 09, 2020 (PPI-OT): The World Bank, Parley for the Oceans, and the South Asia Cooperative Environment Programme (SACEP) launched today, on World Oceans Day, a $50 million regional project to help South Asia curb its marine plastic pollution…

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World Bank signs financing agreement worth US$ 200mln with Pakistan for Covid-19 pandemic response

April 3, 2020 |

Islamabad, April 03, 2020 (PPI-OT): Federal Minister for Economic Affairs, Muhammad Hammad Azhar witnessed the signing ceremony through video link for Project “Pandemic Response Effectiveness in Pakistan” worth US$ 200 million with the World Bank (WB) held here at Economic…

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World Bank Group Increases COVID-19 Response to $14 Billion To Help Sustain Economies, Protect Jobs

March 18, 2020 |

Washington, March 18, 2020 (PPI-OT): The World Bank and IFC’s Boards of Directors approved today an increased $14 billion package of fast-track financing to assist companies and countries in their efforts to prevent, detect and respond to the rapid spread…

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Delegations from textiles, leather, hosiery, towel manufacturing sectors call on PM

July 10, 2019 |

Delegations from textiles, leather, hosiery, and towel manufacturing sectors called on Prime Minister Imran Khan in Karachi on Wednesday.They apprised the Prime Minister and his economic team of the problems in their respective sectors.The Prime Minist…

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Govt determined to protect local farming community: Dawood

July 10, 2019 |

Advisor to Prime Minister on Commerce Abdul Razak Dawood says a remarkable increase has been witnessed in exports of Pakistani products, capturing bigger share of international markets.Addressing a news conference in Islamabad, he said an increase of 3…

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Nine industrial centers to be established to promote industrial sector: CM Punjab

July 10, 2019 |

Punjab Chief Minister Sardar Usman Buzdar has said that nine industrial centers will be established on ten thousand acres in the province to promote industrial sector.In a statement, he said that necessary steps are being taken for formation of Special…

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Pakistan Stock Exchange remains bullish on Tuesday

July 9, 2019 |

The Pakistan Stock Exchange was bullish today (Tuesday).The KSE100 Index closed today (Tuesday) at 33855.58 points as compared to 33742.68 points on the last working day with a positive change of 112.90 points.The total turnover was 60,158,610 as compa…

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NBD delegation calls on Finance Adviser

July 9, 2019 |

A five member delegation from Emirates National Bank led by its CEO Fahad Al Qasim called on the Adviser to Prime Minister on Finance, Dr. Abdul Hafeez Sheikh, in Islamabad on Tuesday.The Adviser welcomed the delegation and expressed confidence that mu…

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All out facilities to be provided to business community: Buzdar

July 9, 2019 |

Punjab Chief Minister Sardar Usman Buzdar has said that interest of traders and industrialist would be ensured by incumbent government.In a statement in Lahore on Tuesday, he said that all out facilities would be provided to business community as econo…

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Pakistani expatriates are our precious asset: Asad Qaiser

July 7, 2019 |

Speaker National Assembly Asad Qaiser has invited overseas Pakistanis to benefit from the lucrative business opportunities in Pakistan.Addressing Pakistani community in Manchester on Sunday, he said the government is making all out efforts to overcome …

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Tariff structure being rationalized, streamlined to ensure country’s industrial production: Dawood

July 6, 2019 |

Prime Minister’s Advisor for Commerce, Textile, Industry and Production, Abdul Razak Dawood has said tariff structure is being rationalized and streamlined to ensure country’s industrial production.During a meeting with industrialists from Punjab in La…

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