“The think tank will give its opinion to the federal cabinet about India’s suspension of the water treaty,” sources at the Indus Water Commission said. Prime Minister and the cabinet will decide about Pakistan’s strategy over the matter based on the opinion shared by the experts, sources said. Sources at the Indus Water Commission said […]
Prime Minister Shehbaz Sharif presided over the National Security Committee meeting in Islamabad following Indian aggression. The participants discussed the national security environment and the regional situation, particularly in the wake of the Pahalgam attack in the Anantnag District of Indian Illegally Occupied Jammu and Kashmir on Tuesday last. The committee highlighted that the Indus […]
Defence Minister Khawaja Asif, in a statement, warned India of a comprehensive response to any aggression, stating that Pakistan is always on high alert due to the hostile nature of its neighbour. Khawaja Asif said that India has been trying to exit the Indus Waters Treaty for a long time, adding that Pakistan will not […]
During his meeting with IMF Managing Director (MD) Ms. Kristalina Georgieva in Washington D.C. he thanked the IMF team for reaching a Staff-Level Agreement on the First Review under the Extended Fund Facility (EFF) and a new arrangement under the Resilience and Sustainability Facility (RSF). In his meeting with President of the World Bank Group […]
These meetings will commence on Monday and continue till 26th April. During the visit, the finance minister will hold meetings with senior officials of World Bank, International Monetary Fund, global credit rating agencies and commercial and investment banks. He will hold meetings with his counterparts from China, the United Kingdom, Saudi Arabia, and Türkiye. Meetings […]
The multilateral lender said it had reached a staff-level agreement on the program that was subject to approval by its executive board, which is expected to consider the proposal “in the coming days.” “The agreement builds on the authorities’ impressive early progress in stabilizing the economy, underpinned by a strong fiscal anchor, that is delivering […]
The amount aims to improve the air quality in Punjab. “The World Bank will support the Punjab Smog Mitigation Action Plan with the funding”. “The funding amount will help to cut the air quality index pollution by 35 percent,” the bank stated. The funding amount will benefit 13 million people in the next 10 years. […]
As per details, the WB delegation comprised Executive Directors, according to sources. The purpose of the WB delegation visit is to discuss economic development projects and investment opportunities. The delegation will also engage in talks on strategies for implementing the recently approved Country Partnership Framework. Pakistan and the World Bank had signed a 10-year agreement […]
“Safely managed WASH services are the foundation of public health and quality of life and are central to addressing the stunting crisis in Pakistan,” said Najy Benhassine, World Bank Country Director for Pakistan. “KWSSIP-2 will expand the scope of investments in bulk water augmentation, water treatment, wastewater treatment and reuse, water distribution, and sewer network […]
Donor countries committed $23.7 billion to replenish the bank’s concessional lending arm, known as the International Development Association (IDA), a World Bank spokesperson told AFP, marking a slight increase from the roughly $23.5 billion pledged during the last fundraising round three years ago. The Bank can use this money to borrow on financial markets, allowing […]
