IMF Mission Reports Progress on Pakistan Economic Review as Extended Fund Facility Talks Move Toward Conclusion
The International Monetary Fund mission led by Iva Petrova highlights significant progress in Pakistan’s third EFF and second RSF reviews following two weeks of high-level discussions.
Faysal Bank Limited Secures Eight NFEH CSR Awards, Reinforcing ESG and Inclusive Banking Leadership
Faysal Bank Limited wins eight NFEH CSR Awards for sustainability reporting, climate resilience, inclusive development, education, innovation, and women’s empowerment, strengthening its ESG-driven banking strategy in Pakistan.
Pakistan Must Create 30 Million Jobs in a Decade to Avoid Instability, Says World Bank President
World Bank President Ajay Banga warns Pakistan must generate up to 30 million jobs over the next decade to turn its youth population into economic growth and prevent migration and instability.
Pakistan Requires $565.7B Investment to Achieve NDC 3.0 Climate Targets by 2035
Pakistan will need $565.7 billion in investment by 2035 to meet NDC 3.0 climate goals, including emissions reduction, renewable energy expansion, and EV adoption, with Pakistan Green Taxonomy and ESG frameworks guiding sustainable financing.
ADB Commits Additional $48 Million to Advance Balochistan Water Development Project
The Asian Development Bank has approved an additional $48 million to complete key components of Balochistan’s water development project, aiming to strengthen irrigation, improve water management, and support climate-resilient growth in the province.
NIBAF Pakistan Conducts Climate Resilience Training to Strengthen Micro-Finance Operations
NIBAF Pakistan organized a two-day training program in Faisalabad focused on building climate resilience in micro-finance operations, equipping sector professionals with frameworks, tools, and strategies to manage environmental risks and enhance long-term sustainability.
World Bank Highlights Pakistan’s Fragile Economic Recovery and Need for Reforms in 2025
The World Bank’s Pakistan Development Update 2025 warns that the country’s 3% growth rate is insufficient to reduce poverty or unemployment, urging structural reforms, tax expansion, and climate resilience to ensure sustainable economic recovery.
Pakistan Launches Paris-Aligned Finance Fellowship to Advance Climate-Smart Banking
Pakistan has launched the Paris-Aligned Finance Fellowship to align its financial sector with global climate standards, enabling banks and regulators to support sustainable investments and manage climate risks more effectively.
Easypaisa Digital Bank and WEBDOC Launch Pakistan’s First Tech-Driven Flood Relief Campaign
Easypaisa Digital Bank partners with WEBDOC to launch Pakistan’s first tech-led Flood Relief Campaign, offering teledoctor consultations, crop advisory, and veterinary care through mobile connectivity, bridging technology and humanitarian relief for disaster-affected communities.
ADB Flags Political Instability, Security Risks and External Shocks as Top Threats to Pakistan’s Economic Recovery
The Asian Development Bank has highlighted political uncertainty, security threats, and external shocks as serious obstacles to Pakistan’s economic recovery, urging structural reforms and stronger private sector engagement to secure sustainable growth.