Sindh Barrages Project

World Bank Considers $72 Million Additional Financing for Sindh Barrages Project

In a noteworthy development, the World Bank is contemplating the provision of an additional $72 million in financing for the Sindh Barrages Project. This potential injection of funds underscores the significance of the project and aims to support its continued progress and success. The Sindh Barrages Project, with its strategic importance in water resource management…

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Sindh Barrages Project

Food Security: World Bank Highlights Impact of Government Policies on Agriculture

The World Bank, in a recent assessment, has drawn attention to the detrimental effects of poor government policies on the agriculture sector, subsequently impacting food security in Pakistan. The evaluation sheds light on the critical link between governance decisions, agricultural practices, and the overall security of the nation’s food supply. According to the World Bank’s…

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Political Instability

Political Instability Sparks Concerns Among Pakistani Businesses for Further Economic Challenges

The prevailing political instability in Pakistan has cast a shadow over the economic outlook, raising apprehensions among businesses about the potential for increased challenges in the coming months. The uncertain political climate is viewed as a significant factor that could impact various aspects of the economy, creating a sense of caution and concern within the…

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FBR Project

FBR Project: Government Requests One-Year Extension for World Bank-Funded Initiative

In a notable development, the government has submitted a formal request seeking a one-year extension for the World Bank-funded project dedicated to the Federal Board of Revenue (FBR). This request signals a strategic move to address potential challenges or delays in the implementation of the project and underscores the government’s commitment to leveraging external support…

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Sindh Barrages Project

CRISP Program: Pakistan, World Bank set to Collaborate

In a collaborative effort, Pakistan is set to engage with the World Bank to secure an additional financing of $250 million for the Competitive and Livable City of Karachi (CRISP) Program. This strategic collaboration reflects Pakistan’s ongoing commitment to addressing urban development challenges, enhancing the livability of cities, and fostering competitiveness in key metropolitan areas….

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