Category Archives: World Bank

World Bank Announces New Country Director for Pakistan

Islamabad, August 03, 2020 (PPI-OT): Mr. Najy Benhassine is the World Bank’s new Country Director for Pakistan effective August 1. He succeeds Mr. Illango Patchamuthu, who completed his term on July 31. Mr. Benhassine most recently served as Regional Director...

Pakistan Undertakes Reforms to Bolster Fiscal Resilience and COVID-19 Recovery

Washington, June 30, 2020 (PPI-OT): The World Bank’s Board of Executive Directors approved today $500 million in financing for the Resilient Institutions for Sustainable Economy program (RISE) to help Pakistan strengthen fiscal management, promote transparency and private sector growth, and...

NBD delegation calls on Finance Adviser

A five member delegation from Emirates National Bank led by its CEO Fahad Al Qasim called on the Adviser to Prime Minister on Finance, Dr. Abdul Hafeez Sheikh, in Islamabad on Tuesday.

The Adviser welcomed the delegation and expressed confidence …

All out facilities to be provided to business community: Buzdar

Punjab Chief Minister Sardar Usman Buzdar has said that interest of traders and industrialist would be ensured by incumbent government.

In a statement in Lahore on Tuesday, he said that all out facilities would be provided to business community as …

IMF programme to economically strengthen Pakistan: Gerry Rice

Spokesperson for International Monetary Fund (IMF) Gerry Rice says IMF programme will economically strengthen Pakistan.

In an online briefing to journalists, he said the IMF program will expedite economic progress and bring improvement to social sector, human development and infrastructure …

Police to Allow Transgender Recruits in Pakistan Province

KARACHI, PAKISTAN Transgender people in Pakistan's Sindh province will be able to serve as regular duty police officers, the police chief said, adding it was time to offer more opportunities to a group relegated to menial jobs in government.

After …

Urgent Structural Reforms Can Revive Pakistan’s Economic Growth

Islamabad, April 07, 2019 (PPI-OT): South Asia holds on to its top spot as the world’s fastest growing region, with growth set to step up to 7.0 percent in 2019, then 7.1 percent in 2020 and 2021, but the region

PM appreciates overseas Pakistanis for raising dams’ fund

Prime Minister Imran Khan has appreciated generous contribution and donations of the overseas Pakistanis in Diamer-Bhasha and Mohmand Dams fund.

He was talking to a delegation of overseas Pakistanis from Dubai, which called on him in Islamabad on Monday.

The …

Security forces recover huge quantity of arms, ammunition in NWA

In North Waziristan Agency, security forces recovered a huge quantity of arms and ammunition in Ghulam Khan area on Monday.

It includes shotguns, rocket propelled grenades, mortar shells and seventy-five kilogram explosive materials.

Source: Radio Pakistan

Govt giving top priority to power sector: Hafeez

Gilgit-Baltistan Chief Minister, Hafiz Hafeez-ur-Rehman says the government is giving top priority to power sector to overcome its shortage.

In a statement, he said the sitting government added one hundred fifty eight megawatts electricity in the grid through hydle resources …