ISLAMABAD – The World Bank has assured full support to implement the projects funded by the institution and the economic reforms in Pakistan. The understanding came during a meeting between the World Bank Regional Vice President for South Asia, Hartwig Schafer with Deputy Chairman Planning ...

*LAHORE - Former prime minister Imran Khan has said that the imported government has been imposed on the country under a conspiracy.* Addressing workers at Aiwan-e-Iqbal on Wednesday, he said that America will control the country under the conspiracy. "The coterie of thieves will enslave the ...

The Pakistan delegation held several meetings with the IMF officials and discussed pathways to complete seventh review of the IMF programme. The delegation led by Finance Minister Miftah Ismail laid out Pakistan government’s priorities and efforts to bring fiscal discipline while insulating the ...

ISLAMABAD - The Federal Board of Revenue (FBR) on Wednesday launched Inland Revenue Strategic Reform Plan (2021-25) for modernizing the institutions to enhance the efficiency. Achieving yet another important milestone, FBR has launched Inland Revenue Strategic Reform Plan (2021-25) on April 20, ...

The ongoing political uncertainty in the country is a serious threat to Pakistan’s economic well-being according to the World Bank. The World Bank’s (WB) Pakistan Development Update that was released on Tuesday highlights that sustaining the economic recovery requires addressing long-standing ...

A foreign policy independent of America is difficult for countries where the elite have parked their progeny in the United States. In Pakistan, this elite will gouge out Imran Khan’s eyes if his anti-Americanism persists. This elite is influential, but numerically small. Imran has decided ...

*The World Bank cut its economic growth forecast for Pakistan by almost one per cent, citing last ditch energy subsidies by the outgoing government.* “GDP growth is expected to slow to 4.3pc in FY22 (against 5.6pc last year) and to 4pc in FY23,” the WB said in its report. The ...

In terms of the percentage of the GDP٫ it has been projected that Pakistan overall budget deficit will be narrowed to 5.8 percent from 6.3 percent of the GDP. It is pertinent to mention here that the previous government had rebased the size of the economy from Rs. 53,867 billion to Rs. 63,978 ...

In line with its responsibilities under the Indus Waters Treaty, the World Bank (WB) announced its decision to resume the two separate processes requested by India and Pakistan in relation to the Kishanganga and Ratle hydroelectric power plants. The World Bank stated that the decision was ...

GENEVA: Developing countries need urgent action to help manage their debt following the food and fuel price surges triggered by the war in Ukraine, a top UN official told AFP. The Covid-19 pandemic has already reduced developing countries' financial leeway and increased their debt, said Rebeca ...