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ISLAMABAD: The Asian Development Bank (ADB) is considering supporting the development of some of the required transmission lines through a $250...
• WFP, FAO report notes $77.5bn to be repaid over next three years • Political instability, lack of IMF deal to hit ability to import food ...
ISLAMABAD: As the United Nations roadmap outlines solutions to cut global plastic pollution, new options are being explored to use plastic waste as...
ISLAMABAD: The mid-year United Nations survey on the world economic situation forecast that the inflation rate in Pakistan is expected to remain in...
ISLAMABAD: The high-growth industries in Pakistan lack industry-specific action plans that set a long-term growth vision to match with the Fourth...
Asian Development Bank (ADB) President Masatsugu Asakawa on Tuesday said the bank will maintain its support for Pakistan in the ongoing year, focusing...
The Asian Development Bank (ADB) committed $20.5 billion from its own resources in 2022 to help Asia and the Pacific continue its recovery from the...
ISLAMABAD: The success rate of the Asian Development Bank’s (ADB) public sector operations declined during 2016–2022, Independent Evaluation...
ISLAMABAD: Pakistan is estimated to produce 26.81 million tonnes of wheat during the ongoing Rabi season against the target of 28.4 million tonnes. ...
ISLAMABAD: Pakistan’s tax system needs an overhaul to simplify provisions, close loopholes and ensure equitable distribution of tax burden, the...
ISLAMABAD: Reducing losses and improving the financial viability of State-owned Enterprises (SoEs), a new World Bank report has suggested to the...
ISLAMABAD: World Bank sees poverty in Pakistan will inevitably increase with pressures from weak labour markets and high inflation, warning that...
The World Bank has warned that Pakistan’s inflation is projected to further rise to 29.5 per cent in the fiscal year 2023 due to higher energy and...
ISLAMABAD: The World Bank has proposed some changes in the implementation plan for the Sindh Water and Agriculture Transformation project to adapt...
ISLAMABAD: Low human capital investments will limit the realisation of Pakistan’s ambition to become an upper-middle-income country by 2047, says a...
ISLAMABAD: The Asian Development Bank (ADB) has carried out a study that led to the preparation of a ‘Climate Investment Roadmap’ for Peshawar to...
ISLAMABAD: Global trade was worth a record $32 trillion in 2022, but amid deteriorating economic conditions and rising uncertainties, growth turned...
ISLAMABAD: Pakistan Mortgage Refinance Company (PMRC) and Pakistan Housing Finance Company (PHFC) on Tuesday were prequalified to acquire House...
ISLAMABAD: US Ambassador Donald Blome has said that the US is Pakistan’s largest export market, and the US investment is seen coming to Pakistan...
ISLAMABAD: The International Labour Organisation has led successful Factory Improvement Toolset (FIT) interventions in Pakistan resulting in more...
ISLAMABAD: The World Bank, in its latest report, has observed that Pakistan’s inability to allocate all its talent and resources to the most...
Pakistan’s economy can grow sustainably only if the country introduces “productivity-enhancing reforms that facilitate a better allocation of...
ISLAMABAD: As the International Monetary Fund and the government currently discussing a plan to rescue Pakistan’s economy, Human Rights Watch (HRW)...
ISLAMABAD: Italy has decided to enhance its economic cooperation with Pakistan and will focus on increasing assistance through development projects. ...
ISLAMABAD: A new United Nations report warns that the global economic growth is projected to slow down to only 1.9 per cent in 2023, sharply lower...
ISLAMABAD: The government has no plans to sell Roosevelt Hotel in New York and is instead seeking a joint venture for a mixed-use development. This...
ISLAMABAD: The World Economic Forum in its global crisis risk report has identified debt crisis, sustained and/or rapid inflation, state collapse,...
ISLAMABAD: The Food and Agriculture Organisation (FAO) of the United Nations has assured Pakistan that it will continue to play a leading role in...
ISLAMABAD: A new report from the International Labour Organisation (ILO) has suggested that reduced working hours and more flexible working time...
ISLAMABAD: The United Nations and humanitarian agencies have called for urgent action to reduce food consumption gaps and save lives and livelihoods...
ISLAMABAD: National Food Security Minister Tariq Bashir Cheema has expressed the hope that despite all odds the wheat production target of 28.4...
ISLAMABAD: A new report of the Asian Development Bank (ADB) on road funds and user charges claims that toll rates in Pakistan are relatively low and...
ISLAMABAD: In a review of the year, the World Bank says 2022 has been a year of uncertainty, with education losses, global inflation, disruptions in...
The Asian Development Bank (ADB) said on Wednesday that Pakistan’s economic outlook for the fiscal year ending in June 2023 has “deteriorated...
ISLAMABAD: The Privatisation Commission has informed the National Assembly’s Standing Committee on Privatisation that presently no power...
ISLAMABAD: The International Labour Organisation (ILO) in a new report on Monday warned that the Asia-Pacific region still lacks 22 million jobs in...
ISLAMABAD: The International Finance Corporation (IFC) of the World Bank Group has launched a new $225 million platform to help build the digital...