World Bank

Riyadh (Newsman): Prime Minister Muhammad Shehbaz Sharif on Tuesday underscored the need for political wishes and global leadership to overcome the water crisis posing an existential threat to nations around the globe. The prime…

Riyadh (Newsman): Prime Minister Muhammad Shahbaz Sharif arrived in Riyadh on Tuesday evening on a 2-day visit to Saudi Arabia. The Deputy Governor of Riyadh Prince Muhammad bin Abdul Rahman bin Abdul Aziz welcomed the Prime Minister at…

ISLAMABAD, December 2, 2024: The World Bank's  (WB) assessment of Pakistan's Integrated Flood Resilience and Adaptation Project (IFRAP) as "moderately unsatisfactory" suggests that the project has faced significant challenges in its…

Beirut: The World Bank said Thursday that Lebanon has suffered more than $5 billion in economic losses from more than a year of conflicts that just turned into war, with billions more in actual structural damage. After nearly a year of…

Aurangzeb Meets World Bank's Anna Bjerde to Discuss Development Priorities WASHINGTON, October 25, 2024 — Finance Minister Mr. Muhammad Aurangzeb met with Ms. Anna Bjerde, Managing Director of Operations at the World Bank, to address…

WASHINGTON: Pakistan’s Finance Minister Muhammad Aurangzeb, currently in the Unites States for the annual meetings of the International Monetary Fund (IMF) and the World Bank, participated in a roundtable discussion. The roundtable…

Washington, October 23, 2024: Finance Minister Muhammad Aurangzeb met with the World Bank-IMF Staff Association to discuss Pakistan's ongoing stabilization efforts. He highlighted the support provided by the IMF Extended Fund…

WASHINGTON: Pakistan’s Finance Minister Muhammad Aurangzeb has arrived in the United States to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank, which are being held from October 21 to 26 in Washington,…

“It is clear that Pakistan's high dependency on consumption rather than investment and exports is a major cause of its boom-busts cycle of the economy,” said Nadeem A. Siddiqui, IFC Senior Country Manager for Pakistan.