World Bank’s $200m KP Rural Investment Project Gains Momentum in Merged Districts
A World Bank-backed $200 million initiative in KP’s newly merged districts shows early success, benefiting 7,000 people and 61,000 farmers with climate-resilient services.
Finance Minister Muhammad Aurangzeb Calls for Federal Provincial Alignment to Advance World Bank Reform Agenda
Finance Minister Muhammad Aurangzeb urges stronger federal provincial coordination to implement World Bank Country Partnership Framework, focusing on climate resilience, agriculture reforms, energy sustainability and human capital development.
Pakistan’s $78 Million Digital Economy Project Faces Delays with Minimal Progress on Business Portal
Nearly two years into Pakistan’s Digital Economy Enhancement Project, only 7.39% of funds have been disbursed and the Pakistan Business Portal remains non-operational, raising concerns over project execution and digital reforms.
World Bank Reaffirms $20 Billion Development Commitment to Pakistan Under Country Partnership Framework
Pakistan and the World Bank reviewed progress under the Country Partnership Framework, with the Bank reaffirming its $20 billion, ten-year development program focused on reforms, resilience, and delivery.
Pakistan’s Youth Bulge and the Jobs Imperative: Why the Next Decade Will Define Economic Stability
As Pakistan faces a surge of young entrants into the labour market, World Bank President Ajay Banga has warned that failure to create millions of jobs annually could push the economy toward prolonged instability. This article examines the scale of the challenge, the structural constraints holding back employment growth, and the policy shifts needed to turn a demographic surge into sustainable economic momentum.
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 to Align Electricity and Gas Subsidies with BISP, Says World Bank
The World Bank backs Pakistan’s plan to link electricity and gas subsidies with the Benazir Income Support Programme, aiming to improve targeting, reduce circular debt, and reshape social protection spending.
World Bank Rates Punjab’s $204 Million PRIAT Agriculture Project Satisfactory
The World Bank–financed Punjab Resilient and Inclusive Agriculture Transformation (PRIAT) Project has received a satisfactory rating for implementation and development progress, with nearly 70% funds disbursed and major gains in irrigation efficiency and farm incomes.
Pakistan in Talks for $36 Billion Power Sector Refinancing to Cut Electricity Tariffs
Pakistan is negotiating $36 billion in long-term financing with international lenders and Saudi Arabia to refinance power sector debt over 13 years, aiming to lower industrial electricity tariffs and manage circular debt.
World Bank flags risks in Nepra Act, Electricity Act amendments affecting Pakistan’s power regulator autonomy
The World Bank has raised concerns that proposed amendments to the Nepra Act, 1997 and Electricity Act, 1910 could undermine the independence of Pakistan’s power regulator, Nepra, prompting attention from the Prime Minister and industrial stakeholders.