October 24, 2026
World Bank Calls the Conflict Pakistan’s Biggest Risk
The Bank names a longer or more intense Middle East conflict as the biggest risk to Pakistan's near-term outlook, with energy imports the main channel.
Articles for tag: Current account, economy, energy imports, GCC, growth, world bank
October 16, 2026
Pakistan to Chair IMF and World Bank Governors After 74 Years
Pakistan is to take the chair of the Boards of Governors of the IMF and World Bank for the first time since the early 1950s.
October 7, 2026
Pakistan Holds 48pc of the Region’s Poor, World Bank Reports
Almost half the people living on under $3 a day across the Middle East, North Africa, Afghanistan and Pakistan are Pakistani — a share matched only by the region's three war-torn states combined.
August 1, 2026
PM Forms Committee to Review World Bank Report on Fiscal Federalism
Prime Minister Shehbaz Sharif has set up a high-level committee to review the World Bank's report on fiscal federalism, telling a visiting delegation that provincial autonomy and federation-province consultation are of fundamental importance. He said the government is vigorously pursuing its reforms agenda.
July 10, 2026
World Bank Approves $376 Million to Modernise Pakistan’s Power Transmission Grid; 640MW of Curtailed Wind Energy to Come Online
The World Bank's Board of Executive Directors has approved $375.9 million in financing for Pakistan's Grid Stability Enhancement Project — the first phase of a ten-year programme to modernise the national transmission network, cut outages, and unlock 640MW of wind power that is currently curtailed because the grid cannot handle it. The financing covers STATCOM installations at major 500kV substations and grid equipment across 26 sites.
Trump’s China Tariff Talk Clouds IMF, World Bank meetings
Finance leaders gathered in Washington this week were ready to discuss the stunning durability of the world economy in view of Donald Trump’s duties-up to the US Commercial Rhetoric of War was rekindled with the US president who threatened 100% of the US president who threatened 100%. Shopping, Reuters said. The annual meetings of the International Monetary Fund (IMF) and the World Bank are now certain that they will dominate questions about whether Trump’s oath reacts the dramatically expanded Chinese export controls will sink its two largest economies to one. Trump said his new invoices and exporting curbs would come
World Bank approves $ 102 million loan for Pakistan
Listen to the article The Board of Directors of the World Bank approved on Wednesday $ 102 million to fund Pakistan’s durable and accessible microfinance project (RAM) on Wednesday. The project aims to improve access to micro -leggings and enhance the resilience of the microfinance sector, especially for borrowers who face challenges due to climate vibration. According to the World Bank, funds will be used to offer loans to poor and low -income families, especially those usually excluded from traditional financial services. The loan aims to improve access to financial services for the disadvantaged Pakistani communities, with almost 1.9 million
January 30, 2025
The Role of International Financial Institutions in Addressing Global Poverty
Introduction: International Financial Institutions (IFIs) such as the International Monetary Fund (IMF), the World Bank, and regional development banks have played crucial roles in the global economic landscape for decades. Their primary mission has been to support economic stability, growth, and poverty reduction worldwide. Despite this noble mission, the effectiveness of these institutions in addressing global poverty remains a topic of ongoing debate. In this blog, we’ll explore how IFIs function, their impact on developing nations, and the criticisms they face in their attempts to address the challenges of poverty. The Purpose of IFIs: The IMF and the World Bank
October 16, 2024
23rd SCO-CHG meeting being held in Islamabad today
The 23rd meeting of the Council of Heads of Government of the Shanghai Cooperation Organization is being held in Islamabad today. Prime Minister Muhammad Shehbaz Sharif will preside over the meeting. The SCO member states will be represented by Prime Ministers of Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan as well as Minister for Industry and Trade of Iran and External Affairs Minister of India. Premier of State Council of China Li Qiang will represent his country. The Prime Minister of Mongolia as Observer State and Deputy Chairman of the Cabinet of Ministers and Foreign Minister of Turkmenistan as Special
providing digital lifeline for Pakistan’s economy
KARACHI: The landscape of Pakistan’s economy has been significantly reshaped by the growing freelance sector, which has emerged as a vital force in the nation’s economic narrative. The proliferation of freelancers in Pakistan is not just a trend but a transformative movement that has redefined the traditional pattern of employment. With more than 1.5 million freelancers contributing to the economy, Pakistan has seen a boom in digital entrepreneurship and a diversification of its economic activities. Recent data from the State Bank of Pakistan (SBP) highlights the importance of the self-employed sector in strengthening the country’s foreign exchange reserves. In fiscal
