Power sector reforms can help Pakistan save $4.8 billion in business losses annually as inefficiencies in the sector cost the… Read More
Pak-India Bilateral Trade Can Increase by 15-Fold: WB
As the recent decision of Pakistan and India to open Kartarpur Corridor for facilitating Sikh pilgrims is set to generate economic… Read More
Remittances to South Asia Set to Increase by 13% in 2018
Remittances to South Asia are projected to increase by 13.5 percent to $132 billion in 2018, a stronger pace than… Read More
Pakistan’s Trade with South Asia Can Increase Eight-fold: World Bank
Pakistan’s trade with South Asia can go up by eight-fold if the trade barriers with regional countries are removed, said… Read More
World Bank and AIIB to Finance Safe Water Supply Project in Karachi
The project will be aimed to increase water supply and sewage capacity of Karachi.… Read More
Media Statements About Ex-PM Nawaz Sharif in Our Report Are Wrong: World Bank
The World Bank, on Tuesday, denied media reports regarding allegations on former Prime Minister Nawaz Sharif of sending $4.9 billion… Read More
World Bank Approves $145 Million for Affordable Housing in Pakistan
The World Bank approved $145 million today, to expand home ownership for women and the poor through access to affordable… Read More
IMF Alerts “Pakistan’s Net Foreign Currency Reserves Stand at Minus $724 Million”
Pakistan’s foreign currency reserves have reached a negative amount after adjusting the external debts against net reserves.… Read More
Govt Plan to Split Sui Gas Companies Faces Delays
Unbundling of Sui gas companies will most likely be missed due to the elections of 2018.… Read More
Karachi Needs Up to $10 Billion to Develop Basic Infrastructure: World Bank
Karachi needs an estimated US$9 billion–US$10 billion in financing over a 10-year period to meet gaps in three sectors: urban… Read More
OICCI Perception and Investment Survey Shows Foreign Investors’Improved Trust
The Managing Committee of the Overseas Investors Chamber of Commerce and Industry (OICCI) met Prime Minister Shahid Khaqan Abbasi and… Read More
World Bank Approves $825 Million Loan Package for Pakistan
The World Bank approved a package of $825 million on Tuesday to improve the national power transmission system in Pakistan and… Read More