World Bank
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With 5.6% growth, Pakistan economy saw strong recovery in 2021
Measures to contain COVID-19 impact worked well...Read MoreApril 20, 2022 420 0 -
Let’s make food our medicine for a better future
The World Bank organized a discussion on a key issue impacting the present and future of the world. “On the Menu: Can Food be the Planet’s Medicine?” sprang from concerns that current diets are making both...April 11, 2019 1101 0 -
World Bank raises $13 billion through Green Bonds
The World Bank has raised more than US$13 billion through the green bond that since its launch in 2008 has emerged as a new way to connect investor financing to climate projects. Proceeds have come from...March 21, 2019 1509 0 -
Pakistan has potential to be a $2 trillion economy
A view of lit up highway network in Karachi Image Credit: newsphoto90/suleman sajjad (Nagan Ch, Karachi) / Wikimedia Commons Pakistan has the potential to grow into a $2 trillion economy in the next 28 years if...March 20, 2019 838 0 -
Amid ominous climate changes, World Bank’s $200 billion pledge raises hopes
The year 2019 has begun ominously with record chilly winter in North America making Chicago colder than parts of the Mars and one of the hottest summers baking Australian cities. Between the two extreme scenarios have...February 19, 2019 2754 0 -
Pakistan’s GDP growth to be 3.7% in 2018-19; rebound to 4.6% over medium term
The World Bank sees GDP growth in Pakistan slow down to 3.7% due to macroeconomic imbalances, depleted foreign exchange reserves and tightening financial conditions. In its latest Global Economic Prospects report, the Bank also says that...January 11, 2019 849 0 -
Amid record climate financing, stemming global warming is the largest expense
Image shows Neapolitan sunset, Credit Jessie Eastland/Wikimedia Commons The World Bank this week released an upbeat report on efforts toward combating climate degradation, saying climate financing by the world’s six largest multilateral development banks (MDBs) rose...June 16, 2018 1363 0 -
Indian, Pakistani growth momentum makes South Asia the fastest growing region
A view of Lahore Ring Road, Photo: Faisal7714014/Wikimedia Commons South Asia has regained its lead as the fastest growing region in the world, the World Bank says in its latest report on the region, which shows...April 18, 2018 1566 0 -
We-Fi seeks to empower women entrepreneurs in developing countries
The story of women entrepreneurs successfully running businesses is not new. But is it being replicated in a new changing world? With greater levels of literacy and highly skilled qualifications more and more women aspire to...October 17, 2017 1554 0 -
Pakistan seeks WB push on resolution to water disputes with India
Indus River in Kharmang District, Pakistan, Photo Shanawaz Zafar/Wikimedia Commons Islamabad has asked the World Bank – the arbiter of Indus Water Treaty – to expedite resolution water-sharing disputes with India, which is constructing dams on...April 24, 2017 1183 0
