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World Bank Updates Poverty Lines for Pakistan

Spokesman Report Islamabad, June 5, 2025 — The World Bank has updated its international poverty lines as part of a routine global revision to reflect...

Pakistan’s Path to Recovery Hinges on Comprehensive Reforms, Says World Bank MD

Spokesman Report ISLAMABAD, May 24, 2025—World Bank Managing Director for Operations, Mrs. Anna Bjerde, concluded a two-day visit to Pakistan yesterday. During her visit, she...

World Bank Approves $108 Million to Boost Rural Development in KPK,Pakistan

ISLAMABAD, April 29, 2025—The World Bank recently approved $108 million in additional financing to the Rural Accessibility Project ($78 million) and to the Khyber Pakhtunkhwa Integrated Tourism...

World Bank Group Announces New 10-Year Country Partnership Framework for Pakistan

Spokesman Report WASHINGTON: The World Bank Group’s Boards of Executive Directors today discussed the new Country Partnership Framework (CPF) for Pakistan, which aims to support...

World Bank to loan Pakistan $535 million to support two climate-smart projects after 2022 floods

Spokesman Report ISLAMABAD:The World Bank’s Board of Executive Directors approved $535 million in financing for Pakistan to support two projects. The additional financing for the...

World Bank approves second round of financing for Dasu Hydropower Project

ISLAMABAD: The World Bank’s Board of Executive Directors approved on Monday $1 billion in a second round of additional financing for the DASU Hydropower...

Shift of R&D to Asia, and so does the power…

Qamar Bashir R&D and publication of research papers are the lifeblood of a nation's prosperity. By fostering innovation, they fuel economic growth through new products,...

Pakistan’s economy to grow by 1.8 percent in fiscal year 2024: says World Bank

Spokesman Report ISLAMABAD: Pakistan’s economy is expected to grow by only 1.8 percent in the current fiscal year ending June 2024. According to World Bank’s...

Strengthening exports key for Pakistan’s sustained economic growth: WB

Naveed Ahmad Khan ISLAMABAD: Pakistan’s economy recovered in Fiscal Year 2021, in part due to the government’s effective use of targeted lockdowns to manage the...

Pakistan’s Economy Shows Signs of a Nascent Recovery

ISLAMABAD, April 6, 2021— Notwithstanding, the recent rise in COVID cases, Pakistan has been showing signs of a fragile economic recovery with a gradual...

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