Pakistan’s economy enjoyed a strong recovery and grew 5.6 percent in FY21 following measures taken by the government to mitigate the adverse socio-economic impacts of
The World Bank (WB) announced more than $1 billion in humanitarian aid for Afghanistan, stating the money will go to UN agencies and international NGOs,
ISLAMABAD: Pakistan has signed a financing agreement, worth $195 million, with the World Bank to improve electricity distribution and implement energy sector reforms to increase
WASHINGTON: The World Bank’s International Development Association (IDA) is providing $93 billion in fresh funding to help low-income countries respond to the Covid-19 pandemic. Pakistan,
MANILA: The World Bank raised the Philippines’ gross domestic product (GDP) growth forecast for 2021 to 5.3 percent this year from a 4.7 percent forecast
WASHINGTON: Remittances to low and middle-income countries are projected to have grown a strong 7.3 percent to reach $589 billion in 2021, while Pakistan has