Tag Archives: World Bank

Finance Minister Ishaq Dar left for a visit to the United States on Tuesday, the finance ministry said. During his visit, the minister will attend the annual meetings of the International Monetary Fund (IMF) and the World Bank. He is also expected to hold direct talks with their officials. A day earlier, Dar reaffirmed Pakistan’s commitment to complete the IMF programme with …

ISLAMABAD: The World Bank on Friday signed agreements with Pakistan to provide $1.336 billion worth of assistance which would boost the country’s foreign exchange reserves and help support social sectors. A total of six project agreements worth $1.336bn, including $128 million grant, were signed to support the government’s initiatives in social protection, disaster and climate risk management, improving infrastructure for …

sb- ISLAMABAD: The World Bank signed an agreement with Pakistan on Wednesday for a loan of $304 million for the Punjab Resource Improvement and Digital Effectiveness Programme (PRIDE) at the Economic Affairs Division. The programme aims to help the Punjab government to increase its revenue and to improve reliability of resource allocation and access to digital services for people and …

ISLAMABAD: Pakistan on Thursday signed two loan agreements with the World Bank (WB) and Asian Infrastructure Investment Bank (AIIB) for quick disbursement of $750 million for budget support following increased expenditures on Covid-19 crisis response. “The amount of $750m will be immediately disbursed to Pakistan in one tranche by the WB and the AIIB in next few days”, said an …