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 ...

The Government of Pakistan is looking forward to secure loans amounting to $12 billion from the World Bank over a period of five years as part of a new partnership strategy. The international lender is expected to approve of the loans by May of this year. As reported link by The Express Tribune, ...

ISLAMABAD - Pakistan and World Bank on Monday discussed the development priorities of the government of Pakistan for next five years and to seek guidance and views of Minister for Economic Affairs. Minister for Economic Affairs, Makhdum Khusro Bakhtyar held a consultative meeting with Country ...

Islamabad: Asian Infrastructure Investment Bank will finance 511.81 million dollars for the infrastructural development in Pakistan. Talking to APP, Chief Programming officer and Senior Adviser to the President Asian Infrastructure Investment Bank Konstantin Limitovskiy said the amount has been ...

ISLAMABAD - The Asian Infrastructure Investment Bank (AIIB) has approved $112 million to improve transport and water services in Pakistan's economic hub Karachi. AIIB's latest investment is a $40mn loan approved by its Board of Directors in October to improve Karachi's water services, bringing ...

ISLAMABAD - Assistant Administrator and Director Regional Bureau for Asia and the Pacific, United Nations Development Programme (UNDP), Haoliang Xu has visited Pakistan on a 4-day official visit. READ MORE: Polish PM outraged by attack on country's ambassador to Israel According to a press ...

ISLAMABAD: United Kingdom (UK) Secretary of State for International Development and Minister for Women and Equalities Penny Mordaunt Wednesday called on the Finance Minister Asad Umar accompanying by a five-member delegation. During the meeting, matters of bilateral interest and the status of ...

ISLAMABAD - Minister for Planning, Development and Reforms and Statistics Division, Makhdoom Khusro Bakhtiar has underlined the need for harnessing the vast reservoirs of natural resources and minerals to spur economic and trade activity. Addressing a session on ‘Development Priorities for ...

ISLAMABAD - Abu Dhabi Fund for Development, ADFD, has formalized an amount of US$3 billion (AED11 billion) to State Bank of Pakistan with an aim to support Pakistan’s economic growth and to achieve the long-term objectives of its monetary policy. According to the WAM news agency’s report ...

Foreign Secretary Tehmina Janjua has said that seventy four International NGOs are operating freely in the country and contributing in diverse fields of priority for Pakistan. She was briefing the envoys of different countries in Islamabad about Pakistan's policy towards registration and operations ...