Over 10 million Pakistanis may fall below poverty line: World Bank
The WB report also highlighted that Pakistan is expected to miss its primary budget target as well, which would keep Islamabad in deficit for at least three more years.
The WB report also highlighted that Pakistan is expected to miss its primary budget target as well, which would keep Islamabad in deficit for at least three more years.
Fatalities in road accidents reduced by 17 per cent in five years.
The Minister said that the logistics sector will be a cornerstone in our endeavour to take India to a 10 fold growth from a USD 3.5 trillion to USD 35 trillion by 2047.
October is the month for the Annual Meetings of the World Bank/IMF, held this year in Marrakesh in Morocco. It is also the time when key reports on global economic and financial health are published.
"But the good news basically ends there,” Indermit Gill, World Bank chief economist, said on Wednesday.
A state government official said the negotiation committee under the chairmanship of principal secretary, urban development Rajneesh on behalf of the state government negotiated the project for seeking financial assistance of Rs 1168 crore from the World Bank with the Department of Economic Affairs (DEA).
The World Bank has dropped a popular report that ranked countries by how welcoming they are to businesses, after being accused of using a sloppy methodology and of succumbing to political pressure.
According to the new Prime Minister Najib Mikati, his cabinet is formed of specialists who are keen to stop the country's current collapse by dealing with urgent issues, including the negative repercussions of lifting subsidies.
The World Bank intends to finance the state government towards the cost of the "Women's Empowerment and Inclusive Social Protection Programme" and apply part of the proceeds for consulting services.
News reports claim that billions of dollars in overseas finance for Afghanistan's government, such as assets held by the US Federal Reserve and credit from the International Monetary Fund, have been frozen.
