Islamabad, February 10, 2023 (PPI-OT):Pakistan’s economy can grow sustainably only if the country introduces productivity enhancing reforms that facilitate a better allocation of resources into more dynamic activities, and of talent to more productive uses, according to a new World...
Washington, September 24, 2020 (PPI-OT): Today, the World Bank’s Board of Executive Directors approved $450 million in financing to support Pakistan’s transition to renewable energy resources that reduce its reliance on fossil fuel imports and lower costs of electricity production....
Islamabad, August 03, 2020 (PPI-OT): Mr. Najy Benhassine is the World Bank’s new Country Director for Pakistan effective August 1. He succeeds Mr. Illango Patchamuthu, who completed his term on July 31. Mr. Benhassine most recently served as Regional Director...
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...
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 $50 million regional project to help South Asia curb its marine plastic pollution...
Islamabad, April 03, 2020 (PPI-OT): Federal Minister for Economic Affairs, Muhammad Hammad Azhar witnessed the signing ceremony through video link for Project “Pandemic Response Effectiveness in Pakistan” worth US$ 200 million with the World Bank (WB) held here at Economic...
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...