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Tag Archives: World Bank

Growth Recovery: Pakistan’s GPD to accelerate to 4.5%, World Bank

Advertisements According to projection of World Bank, the Gross Domestic Product (GDP) of Pakistan will touch the figure of 4.5% in the running fiscal year and will accelerate to 4.8% in FY 2016-17. Advertisements World Bank in its new report, Pakistan Development Update, has stated that GPD of the county …

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World Bank lauds economic development in Pakistan, says Pakistan has improved credit rating

ISLAMABAD: The World Bank has lauded economic development in Pakistan added Pakistan has improved credit rating very much. This is said by World Bank Country Director Rachid Benmessoud. According to WB, Pakistan’s economy is improving due to prudent monetary and fiscal policies, strong capital inflows and robust remittances. After the …

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World Bank approves $500 million credit for Pakistan’s Economic Growth

WASHINGTON: The World Bank has approved the Development Policy Credit (DPC) worth $500 million for Pakistan to boost economic growth of the country. Pakistan’s ambassador to the United States Jalil Abbas Jilani and Vice President for the South Asian Region Annette Dixon signed the agreement in Washington. The Fiscally Sustainable …

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Unemployment rate in Pakistan 2014-15 – jumps to 13 year high

ISLAMABAD: Population size, growth rate, unemployment rate are key elements for the social and economical development of a country. Among all these factors, employment is the key mechanism via which the benefits of growth can be distributed to the poor segment of society. However if we talk about Pakistan then …

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World Bank okays $50 million for Punjab Skills Development Project

LAHORE: The World Bank has approved $50 million for ‘Punjab Skills Development Project’ for the youth and graduate trainees of Punjab according to press release of the World Bank. The purpose of the project is to improve the skills and quality of the youth of the Punjab especially graduate trainees. …

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Youth Skill Training in Punjab: World Bank to train 500,000 youths

LAHORE: World Bank has agreed for ‘Youth Skills Training for Employment’ of 500,000 youths in Punjab, reported by Radio Pakistan. This was announced by a World Bank delegation at a meeting with CM Punjab, Shahbaz Sharif in Lahore today (Thursday). The delegation was led by Vice President of WB for …

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World Bank approves $187 million to assist Agriculture Sector in Sindh

WASHINGTON: The World bank has approved US$ 187 million for Sindh Irrigated Agriculture Productivity Enhancement Project (SIAPEP) to enhance irrigation water management at basic and field levels in Sindh. The fund will be used to support efficient management of scarce water resources and is designed to augment adaptation under different climate changes. …

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