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Pakistan World

Web Desk
Apr 25, 2025

World Bank not intimated as India puts Indus Water Treaty on hold

Indian publication, The Hindu quoted a World Bank spokesperson saying the Indus Water Treaty has a successful history of over six decades.

World

Sadiq Khan
Apr 23, 2025

IMF warns of ‘intensified’ risks to public finances amid US trade war

Over the past six months, “global economic prospects have significantly deteriorated, and risks to the economic output are elevated and tilted to the downside”

Business

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https://humurdu.azurewebsites.net/author/reuters/"> Reuters
Apr 23, 2025

World Bank urged to reduce equity-to-loan ratio to free up funds for poor countries

Since Trump returned to office in January for a second term, his administration has cut billions of dollars in foreign assistance in a review that aimed to ensure programme’s align with his “America First” foreign policy

Business

Web Desk Karachi
Apr 22, 2025

Nirmala Sitharaman to discuss trade pact with Bessant during global financial talks

Sitharaman, a close aide of Indian leader Narendra Modi, is in the US for a nearly week-long trip to participate in the Spring Meetings of the International Monetary Fund and the World Bank.

Business

Web Desk Karachi
Apr 21, 2025

Brookings Index signals deteriorating global outlook as economic policymakers convene

It also said it would be ‘premature’ to forecast a worldwide recession but warned that the breakdown of global trade and higher policy uncertainty would markedly suppress growth.

World

Reuters
Apr 14, 2025

Saudi Arabia plans to pay off Syria’s World Bank debts

This would be the first known instance of Saudi Arabia providing financing for Syria since rebels toppled Bashar al-Assad last year.

World

Reuters
Mar 21, 2025

US delays $2.6 billion climate finance package to South Africa

Earlier, US representatives prevented the Climate Investment Funds from approving a $500 million disbursement to South Africa.

Business Pakistan

Khurram Iqbal
Mar 19, 2025

World Bank approves $102 million for Pakistan under RAM project

The RAM project was launched by the World Bank after incorporating the lessons learned from devastating 2022 floods in Pakistan.

Business

Web Desk
Mar 18, 2025

Pakistan, World Bank discuss $20 billion growth plan

A major meeting took place between Pakistan’s Federal Minister for Finance, Muhammad Aurangzeb, and a team from the World Bank.

Business

Web Desk Karachi
Mar 10, 2025

Investor confidence soars as new petroleum policy unlocks $5 billion in energy investments

This surge in investor confidence is largely attributed to recent amendments in the Petroleum Policy and the introduction of an exclusive Tight Gas Policy, which offer enhanced incentives and a more investor-friendly regulatory environment.