World Bank to Approve $600 Million Loan for Pakistan’s Inclusive Development and Fiscal Reform Program
The World Bank is set to approve a $600 million loan to support Pakistan’s inclusive development program, aimed at improving public spending efficiency, expanding the tax base, and strengthening fiscal governance through transparency and data-driven reforms.
Rethinking the Criticism: Why Banks Prefer Government Lending Amid Pakistan’s Economic Realities
Furqan Ali critiques the widespread perception of opportunism in Pakistan’s banking sector, arguing that reliance on government lending is a calculated response to deeper structural flaws. He urges for major public finance and economic reforms to enable a more balanced credit environment.
NA Panel Directs Finance Ministry to Disburse Rs. 6 Billion for Postal Life Insurance Payments Amid Mounting Public Pressure
Pakistan’s National Assembly Standing Committee on Privatization orders the Finance Ministry to urgently release Rs. 6 billion to clear Postal Life Insurance claims, spotlighting growing frustrations over delayed public payouts and broader economic management.