Islamabad: The Japan International Cooperation Agency (JICA) signed a ODA loan agreement with the government of Pakistan in Islamabad, with up to 5 billion yen for the Emergency Import Support Loan. This will address early …

ISLAMABAD: In order to continue revitalizing and modernizing Pakistan’s highway system, a credit worth $130 million has been approved by the World Bank (WB) in additional financing for the Pakistan Highway Rehabilitation Project. According to …

WASHHINGTON: President Asif Ali Zardari and his Afghan counterpart Hamid Karzai here Saturday held a joint meeting with the President of World Bank Group and pledged to improve regional economic cooperation. It was agreed that …

SLAMABAD: Pakistan Thursday said it has been looking into various options including appointment of neutral expert or arbitrator by World Bank to resolve the issue of water with India. Foreign Office Spokesman Abdul Basit in …

WASHINGTON: Pakistan’s homegrown reform program is showing clear signs of economic stability after the country took some painful decisions under the most difficult environment, Adviser on Finance Shaukat Tareen said as he met with top …

WASHINGTON: Pakistan will receive US $ 1.4 billion by Tuesday including US $ 500 million interest?free credit loan from the World Bank (WB) for Poverty Reduction and Economic Support Program and $ 840 million from …

ISLAMABAD: Prime Minister Syed Yousuf Raza Gilani has asked the World Bank to focus on provision of improved health and education facilities to the people at the grassroots level to help tackle poverty, one of …

ISLAMABAD: Managing Director World Bank, Ngozi Okonjo-Iweala insured that the Bank will like to help Pakistan in its agenda for social development especially government’s programs like Benazir Income Support Programme. Ngozi Okonjo-Iweala, who was currently …

ISLAMABAD: Chairman National Commission for Government Reforms, Ch. Abdul Ghafoor has said that the International Monetary Fund loan would help build confidence of Friends of Pakistan and major powers of the world for providing further …

New York: The number of malnourished people around the world is set to increase by 44 million to almost 1 billion by the end of 2008 due to the combined impact of the food and …