WB approves $1.69 bn to support flood affected people in Sindh

ISLAMABAD, Dec 20 (APP):The World Bank’s Board of Executive Directors has approved $1.692 billion in financing, for five projects to support people living in flood-affected areas of Sindh Province in Pakistan. Three projects support rehabilitation and housing reconstruction and the restoration of crop production for vulnerable communities, while another two projects support health services for… Continue reading WB approves $1.69 bn to support flood affected people in Sindh

Recent floods are the biggest tragedy after 1971: Sherry Rehman

ISLAMABAD, Oct 10 (APP):Federal Minister for Climate Change Senator Sherry Rehman on Monday said the recent floods in the country were the biggest tragedy after 1971 when Pakistan had lost its eastern part. Speaking in the Senate, she said there was no environment of business as usual in the country after the recent record breaking… Continue reading Recent floods are the biggest tragedy after 1971: Sherry Rehman

Govt committed to set economy on path of sustainable, inclusive growth: Dar

Govt committed to set economy on path of sustainable, inclusive growth: Dar

ISLAMABAD, Oct 8 (APP):Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Saturday said that the government is committed to set the economy on sustainable and inclusive growth path by taking pragmatic steps to resolve bottlenecks to growth. The minister held a meeting with Country Director, World Bank Najy Benhassine, and his team at… Continue reading Govt committed to set economy on path of sustainable, inclusive growth: Dar

International institutions announce $500 mln for flood affectees on appeal of PM

The international organizations and financial institutions Thursday announced immediate assistance of more than 500 million dollars for the flood victims on the appeal of Prime Minister Shehbaz Sharif. The PM chaired an important meeting with the international donors here for providing relief to the flood victims. The representatives of the World Bank, Asian Development Bank,… Continue reading International institutions announce $500 mln for flood affectees on appeal of PM

Kabul Situation; Pakistan opens visa facility to foreign diplomats on arrival: Sheikh Rasheed

ISLAMABAD, Aug 18 (APP):Minister for Interior and Narcotics Control, Sheikh Rasheed Ahmed on Wednesday said that on the directives of Prime Minister Imran Khan, Pakistan has offered a special package of transit visa to Afghan diplomats and high officials on their arrival at Islamabad. Addressing a press conference here at the ministry, he said that… Continue reading Kabul Situation; Pakistan opens visa facility to foreign diplomats on arrival: Sheikh Rasheed

WB grants $129.99 million for uplift of primary education in Sindh

ISLAMABAD, Aug 11 (APP): The World Bank on Wednesday granted worth US$ 129.99 million for the uplift of primary education system under the “Sindh Early Learning Enhancement through Classroom Transformation Project” in the province. Minister for Economic Affairs,Omar Ayub Khan, witnessed the signing ceremony of financing agreement of “Sindh Early Learning Enhancement through Classroom Transformation… Continue reading WB grants $129.99 million for uplift of primary education in Sindh

New 5-year programme for Pakistan to focus structural reforms, health, education: World Bank

ISLAMABAD, Aug 08 (APP):The World Bank Group is preparing its new 5-year program of support for Pakistan, the Country Partnership Framework (CPF) for 2022-2026 with special focus on structural reforms, health, education, promoting climate friendly future, inclusive growth, and good governance. During a week-long visit of the World Bank Vice President for South Asia, Hartwig… Continue reading New 5-year programme for Pakistan to focus structural reforms, health, education: World Bank

KP, WB agree to expand cooperation for development

PESHAWAR, Aug 07 (APP):Khyber Pakhtunkhwa Chief Minister Mahmood Khan held a virtual meeting with the team of World Bank headed by its Vice-President for South Asian Hartwig Schafer here on Saturday. Various matters related to developmental projects being carried out in the province with the financial assistance of the World Bank came under discussion. Acting… Continue reading KP, WB agree to expand cooperation for development

World Bank official confident for Kamyab Pakistan project to prove exemplary

Imran Khan - file photo

ISLAMABAD, Aug 5 (APP): World Bank’s Vice President for South Asia Hartwig Schafer in a meeting with Prime Minister Imran Khan on Thursday termed Ehsaas a unique socio-welfare programme and expressed confidence that the Kamyab Pakistan project would also prove exemplary. Hartwig Schaffer told the prime minister that the World Bank was appreciative of Pakistan’s socio-welfare… Continue reading World Bank official confident for Kamyab Pakistan project to prove exemplary

World Bank delegation meets Hammad Azhar

APP06-040821 ISLAMABAD: August 04 - Federal Minister for Energy Muhammad Hammad Azhar meeting with World Bank delegation at his office. APP photo by Saleem Rana

ISLAMABAD, Aug 04 (APP): A World Bank delegation led by Vice President for South Asia, Hartwig Schfer called on Federal Minister for Energy, Muhammad Hammad Azhar here on Wednesday. Special Assistant to the Prime Minister on Power and Petroleum, Tabish Gauhar, Secretaries of Power and Petroleum Divisions, Pakistan Executive Director at World Bank, Naveed Kamran… Continue reading World Bank delegation meets Hammad Azhar

WB acknowledges Pakistan’s effective management of COVID crisis

ISLAMABAD, Aug 4 (APP): Vice President of the World Bank’s South Asia Region Hartwig Schafer here on Wednesday acknowledged the efforts made by Pakistan for effective management of the Covid-19 crisis. During a meeting with Minister for Planning Development and Special Initiatives Asad Umar along with Country Director Najy Benhassine, he said, the World Bank… Continue reading WB acknowledges Pakistan’s effective management of COVID crisis

WB reallocates $150 mln for Pakistan to procure vaccine

ISLAMABAD, Aug 3 (APP): The World Bank has reallocated US$ 150 million for Pakistan to procure COVID-19 vaccines, South Asia Regional Vice President (SARVP), World Bank Hartwig Schafer said on Tuesday. Talking to Minster for Finance here at the Finance Division, the Vice President said “the WB is fully committed to providing assistance to the… Continue reading WB reallocates $150 mln for Pakistan to procure vaccine

 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

Provision of hygiene kits, equipments to schools; WB to provide $9 mln to education ministry

ISLAMABAD, Jun 24 (APP): World Bank will extend the support of $9 million to the Ministry of Federal Education and Professional Training to give hygiene kits and Covid related equipments to the schools across the country. It was agreed during a meeting held here between the Federal Minister for Education, Professional Training & Culture Shafqat… Continue reading Provision of hygiene kits, equipments to schools; WB to provide $9 mln to education ministry

UNICEF Pakistan needs US$ 55.73 mln to support humanitarian response during 2021

ISLAMABAD, May 16 (APP):United Nations Childern’s Fund (UNICEF) Pakistan office needs some US$ 55.73 million during the current year to carry out the support of in-country humanitarian response. According to a document of UNICEF, only US$ 14.08 million (17 per cent) have been received to provide humanitarian support in the country. The additional funds have… Continue reading UNICEF Pakistan needs US$ 55.73 mln to support humanitarian response during 2021

PM felicitates Dr Sania, Ehsaas team on achieving a milestone

File photo

ISLAMABAD, May 16 (APP):Prime Minister Imran Khan Sunday congratulated Dr Sania and Ehsaas team for achieving a milestone after the World Bank (WB) has listed Ehsaas Emergency Cash among top four social protection interventions globally in terms of number of people covered. On his twitter handle, the prime minister posted, “ Congratulations to Sania and… Continue reading PM felicitates Dr Sania, Ehsaas team on achieving a milestone

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