Tag: WB

WB’s $100m for Punjab to help curtail population growth: Country Director

ISLAMABAD, Jul 13 (APP):World Bank (WB) Country Director for Pakistan Najy Benhassine on Thursday said the institution’s approved assistance of $100 million for the Punjab Family Planning Programme would help curtail population growth in the most populous province of the country. The WB funds sanctioned for the province, which is the home to more than… Continue reading WB’s $100m for Punjab to help curtail population growth: Country Director

WB approves $46 mln for KPK’s child healthcare services

ISLAMABAD, Jul 7 (APP):The World (WB) has approved $46 million to help increase access to child healthcare services and enhance citizen-centered service delivery in selected districts of khyber pakhtunkhwa province. The WB’s Board of Executive Directors approved the financing under the Khyber Pakhtunkhwa Citizen Centered Service Delivery Project. According to WB press statement, the project… Continue reading WB approves $46 mln for KPK’s child healthcare services

Ishaq Dar commends WB support in flood recovery, rehabilitation

ISLAMABAD, Feb 07 (APP):Federal Minister for Finance and Revenue Muhammad Ishaq Dar on Tuesday commended the support of World Bank in flood recovery, and rehabilitation efforts and assured full support to the WB-funded development projects in Pakistan. The minister said this while meeting Regional Director World Bank Mathew Verghis, who called on the former, and… Continue reading Ishaq Dar commends WB support in flood recovery, rehabilitation

IsDB, WB pledge $6.2 billion for rehabilitation of Pakistan’ flood survivors

GENEVA, Jan 09 (APP): The Islamic Development Bank and the World Bank on Monday announced the pledges of a total $6.2 billion to help build back a climate resilient Pakistan which suffered over $30 billion losses consequent to the unprecedented floods. The pledges were announced at the International Conference on Climate Resilient Pakistan being co-hosted… Continue reading IsDB, WB pledge $6.2 billion for rehabilitation of Pakistan’ flood survivors

CM, WB agree to launch Rs110bn housing project for flood victims

KARACHI, Sep 30 (APP):Sindh Chief Minister Syed Murad Ali Shah with assistance of the World Bank (WB) has decided to launch a Rs110 billion housing project for the flood-affected people for which a special unit would be established under the chief secretary. This emerged on Friday in a meeting between CM Syed Murad Ali Shah… Continue reading CM, WB agree to launch Rs110bn housing project for flood victims

PM to meet IMF, WB chiefs; attend reception by US president today

ISLAMABAD, Sep 21 (APP): As the 77th session of the UN General Assembly enters second day, Prime Minister Shehbaz Sharif on Wednesday would join the world leaders at the high level debate besides having bilateral and multilateral meetings on the sidelines. Prior to leaving for the United Nations Headquarters, he will have a meeting with… Continue reading PM to meet IMF, WB chiefs; attend reception by US president today

WB says Pakistan’s remittances grew by 26% in 2021

ISLAMABAD, Nov 19 (APP): Compared to the overall growth of 8 percent in remittances in South Asia, the remittances into Pakistan grew by 26 percent during the year 2021, according to estimates from the World Bank’s Migration and Development Brief. “Pakistan had another year of record remittances with growth at 26 percent and levels reaching… Continue reading WB says Pakistan’s remittances grew by 26% in 2021

WB acknowledges progress on structural reforms

ISLAMABAD, Oct 14 (APP): The World Bank (WB) Thursday acknowledged that a lot of progress had been made on implementation of structural reforms in various sectors by Pakistan, stressing that there was need to keep up the momentum to achieve the projected growth targets. According to press statement received here form the Embassy of Pakistan… Continue reading WB acknowledges progress on structural reforms

 WB approves $100 mln to support increase literacy in Sindh

ISLAMABAD, Jul 30 (APP): The World Bank’s Board of Executive Directors approved $100 million in financing to support Pakistan’s efforts to increase literacy and student retention rates in the Sindh province. The amount has been approved for the Sindh Early Learning Enhancement through Classroom Transformation (SELECT) project that is aimed at helping the provincial government enhance… Continue reading  WB approves $100 mln to support increase literacy in Sindh

WB appreciates Govt’s relief initiatives to curtain Covid-19 impact

ISLAMABAD, Apr 30 (APP): The World Bank (WB) Friday appreciated the government’s relief initiatives to curtail the impact of COVID-19 effectively and reiterated continuous support to the government and people of Pakistan during the ongoing third wave of the pandemic. The appreciation was made during a virtual meeting between Federal Minister for Finance and Revenue,… Continue reading WB appreciates Govt’s relief initiatives to curtain Covid-19 impact

WB’s support critical for attaining fiscal consolidation: Tarin

ISLAMABAD, Apr 23 (APP):Federal Minister for Finance and Revenue, Shaukat Tarin said Friday that continued support of the World Bank (WB), as a major development partner, was critical to attaining fiscal consolidation, improved service delivery and good governance in Pakistan. The minister was talking to Country Director World Bank Group (WBG), Najy Benhassine who made… Continue reading WB’s support critical for attaining fiscal consolidation: Tarin

Govt implementing reform agenda for socioeconomic development: Hammad

ISLAMABAD, Apr 02 (APP):Federal Minister for Finance and Revenue Muhammad Hammad Azhar Friday said the government’s focus would be on pursuing social, financial and economic management; strengthening the social sectors; enhancing tax revenue generation and setting the energy sector in order. He was talking to the World Bank (WB) Country Director, Najy Benhassine who made… Continue reading Govt implementing reform agenda for socioeconomic development: Hammad

Pakistan to continue to stand with Kashmiri brethren till resolution of Kashmir issue: Qureshi

ISLAMABAD, Jan 05 (APP):Minister for Foreign Affairs Shah Mehmood Qureshi on Tuesday reiterated that Pakistan would continue to stand with Kashmiri brethren till the resolution of Kashmir issue according to the UN resolutions through a free and fair plebiscite under UN auspices. Speaking in the Senate, the Foreign Minister said, “We had a unified approach… Continue reading Pakistan to continue to stand with Kashmiri brethren till resolution of Kashmir issue: Qureshi

Pakistan summons senior Indian diplomat over ceasefire violations

ISLAMABAD, Dec 20 (APP):Pakistan on Sunday summoned a senior Indian diplomat to the foreign ministry for registering strong protest over ceasefire violations by the Indian occupation Forces along the Line of Control (LoC) Saturday. Due to indiscriminate and unprovoked firing by the Indian occupation forces in Rakhchikri Sector of the LoC on December 19, a… Continue reading Pakistan summons senior Indian diplomat over ceasefire violations

Pakistan summons senior Indian diplomat to register protest over ceasefire violations along LoC

ISLAMABAD, Dec 14 (APP): Pakistan on Monday summoned a senior Indian diplomat to the Ministry of Foreign Affairs here to register its strong protest over ceasefire violations by the Indian occupation forces along the Line of Control (LoC) on December 13 (Sunday), resulting in serious injuries to two innocent civilians. Due to indiscriminate and unprovoked… Continue reading Pakistan summons senior Indian diplomat to register protest over ceasefire violations along LoC

Senior Indian diplomat summoned as protest over LoC violations

ISLAMABAD, Dec 11 (APP): A senior Indian diplomat was summoned to the Ministry of Foreign Affairs on Friday to register Pakistan’s strong protest over ceasefire violations by the Indian occupation forces along Line of Control (LoC) on December 9, resulting in serious injuries to an innocent civilian. Due to indiscriminate and unprovoked firing by the… Continue reading Senior Indian diplomat summoned as protest over LoC violations

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