Tag Archives: WB

G-20 countries IMF WB developing countries debt relief Pakistan

PM lauds debt relief measures by G20, IMF, WB for developing countries

04 April, 2020 4:53 pm 4:53 pm

ISLAMABAD (92 News) – Prime Minister (PM) Imran Khan has hailed debt relief measures by G-20 countries, IMF and World Bank for developing countries, including Pakistan. He said while talking to Finance Adviser Dr Abdul Hafeez Shaikh in Islamabad on Thursday. On the occasion, the adviser informed the premier about the planned approval of an … Read More

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WB forecasts worst economic slump in South Asia including Pakistan

04 April, 2020 3:39 pm 3:39 pm

WASHINGTON (Reuters) – The World Bank (WB) said on Sunday Pakistan, India Afghanistan, Bangladesh and other South Asian countries are likely to record their worst growth performance in four decades this year due to the coronavirus outbreak. The South Asian region, comprising eight countries, is likely to show economic growth of 1.8% to 2.8% this … Read More

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Two civilians injured as India shells forward areas along LoC

04 April, 2020 12:50 pm 12:50 pm

RAWALPINDI (92 News) – Chirikot along with Shakargarh sectors witnessed heavy firing and shelling by India along Line of Control (LoC) and Working Boundary (WB) on late Saturday night. According to the tweet of Director-General (DG) Inter-Services Public Relations (ISPR) Major-General Babar Iftikhar, Indian Army troops resorted to unprovoked ceasefire violation late last night along … Read More

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WB, ADB offer to financial help for Pakistan to fight against coronavirus

03 March, 2020 2:58 pm 2:58 pm

ISLAMABAD (92 News) – World Bank (WB) and Asian Development Bank (ADB) on Wednesday offered to financial help for Pakistan to fight against coronavirus outbreak. According to the details, the ADB will provide $350 million to Pakistan while WB also offered to give $188 million to Pakistan. However, the agreements between Pakistan and international financial … Read More

World Bank will disburse $1.5bn for various projects in Pakistan

08 August, 2019 3:57 am 3:57 am

ISLAMABAD (92 News) – World Bank, a premier global lender, will disburse around $1.5 billion dollars this financial year for various projects in Pakistan as part of its active program. This was stated by Country Director of the Bank, Patchamuthu Illangovan, at a meeting with Federal Minister for Planning, Khusro Bakhtyar in Islamabad on Thursday. … Read More


World Bank to provide Pakistan special package to overcome budget deficit

08 August, 2019 4:06 am 4:06 am

ISLAMABAD (92 News) – The World Bank (WB), a leading global lender, has showed willingness to provide Pakistan a special package in November to overcome its budget deficit. The announcement came at a meeting between Advisor to the Prime Minister on Finance Dr Hafeez Sheikh and WB’s country director Patchamuthu Illangovan here on Thursday. Mr … Read More


Washington: WB president, IMF MD and renowned businessmen call on PM

07 July, 2019 10:21 am 10:21 am

WASHINGTON DC (92 News) – The top representatives of World Bank (WB) and International Monetary Fund (IMF) called on Prime Minister Imran Khan in Washington DC on Sunday. The WB’s president and the IMF’s acting managing director discussed with the premier the current economic situation of Pakistan and future cooperation with the global lenders. President … Read More

hafeez sheikh, amnesty scheme, IMF, WB, assets

Hafeez Sheikh says assets valuing Rs3,000 bn declared under amnesty scheme

07 July, 2019 3:11 pm 3:11 pm

ISLAMABAD – Advisor to Prime Minister on Finance, Revenue and Economic Affairs Dr Hafeez Sheikh Thursday announced that assets valuing Rs3,000 billion had been declared by people under Amnesty Scheme of the government. As many 137,000 people have so far got registered under the amnesty scheme and submitted taxes worth Rs70 billion, he added. The … Read More

iftikhar durrani resignation PM's special aide special assistant on media Prime Minister Imran KhanIMF WB SBP Iftikhar durrani ASian Development bank Bilawal Bhutto yasin anwar shamshad akhtar Ishrat Hussain Mohammed Yaqoob governor SBP International Monetary Fund

IMF, WB officials appointed as SBP governors in past: Iftikhar Durrani

05 May, 2019 12:03 am 12:03 am

ISLAMABAD (92 News) – Responding to the statement of PPP Chairman Bilawal Bhutto, Special Assistant to Prime Minister on Media Iftikhar Durrani on Wednesday said that the officials from World Bank (WB) or the International Monetary Fund (IMF) had been appointed as the governor State Bank of Pakistan (SBP) in the past. “It was not … Read More

Finance, Minister, Asad Umar, decides, quit

Pakistan has decided principle to start IMF mission: Asad Umar

04 April, 2019 9:29 am 9:29 am

WASHINGTON (92 News) – Minister for Finance Asad Umar said that Pakistan has decided in principle to start IMF mission and the decision has been taken in the best interest of national economy. Speaking to the journalists in US, the minister said that the programme with the International Monetary Fund (IMF) would soon be completed … Read More

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Asad Umar held important meetings with WB, IMF officials

04 April, 2019 8:49 pm 8:49 pm

WASHINGTON (92 News) – Minister for Finance Asad Umar and his team held meetings with the World Bank and the IMF high-level officials on the sidelines of the scheduled annual IMF Spring moot. Pakistani delegation led by Asad Umer has participated in IMF and WB Spring meetings in Washington and discussed the economic situation of … Read More

World BAnk WB 3.4% in FY2018-19 South Asia Economic Focus Exports Wanted

Pakistan’s GDP growth projected to slow down to 3.4% in FY2018-19: WB

04 April, 2019 5:59 pm 5:59 pm

NEW YORK (92 News) – Pakistan’s GDP growth is projected to slow down to 3.4 per cent in fiscal year 2018-19 – from 5.8 per cent a year before – and to 2.7 per cent in FY2019-20, the World Bank (WB) said in a report. In its latest edition of the “South Asia Economic Focus, … Read More

Pakistan welcomes investment from UAE: Faisal Vawda

03 March, 2019 10:40 pm 10:40 pm

ISLAMABAD (92 News) – Minister for Water Resources Faisal Vawda has said that the investors are being offered one window services for facilitation in Pakistan on Monday. He was talking to a delegation led by Sheikh Ahmed Dalmook Al Maktoum from the Royal Family of Dubai, United Arab Emirates in Islamabad. He said we welcome … Read More