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Pakistan's poverty rate rises to 25.3% in 2024-25: World Bank
Updated : 8 months, 1 week ago IST
A recent World Bank (WB) report has raised alarms over the increasing poverty rate in Pakistan, emphasising the urgency for long-term, inclusive reforms to safeguard the country's most vulnerable communities, according to Dawn.
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World Bank projects Nepal's economic growth to be 3.3 per cent in 2024
Updated : 2 years, 2 months ago IST
The World Bank (WB) has said that Nepal's economy is expected to grow by 3.3 per cent in 2024, driven by revived tourism and a pickup in hydropower exports.
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Imran Khan's party dissociates itself from 'overseas protests' outside IMF
Updated : 2 years, 2 months ago IST
Imran Khan-founded Pakistan Tehreek-e-Insaf has dissociated itself with the ongoing protests by Pakistanis in the United States outside the International Monetary Fund (IMF) and the World Bank (WB) headquarters, Geo News reported.
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Sitharaman participates in event on Sri Lankan debt issues on sidelines of
Updated : 3 years, 1 month ago IST
Union Minister of Finance and Corporate Affairs Nirmala Sitharaman participated in the high-level meeting on Sri Lanka's debt issues on the sidelines of the International Monetary Fund (IMF)- World Bank (WB) Spring Meetings.
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China's huge investments in countries, a front for debt trap diplomacy: Re
Updated : 3 years, 3 months ago IST
China is making huge investments in underdeveloped or poor countries ultimately setting them up for defaulting on China's loans and making compromises to China
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Why Blame China for lending money to the needy
Updated : 3 years, 9 months ago IST
London [UK], August 17 (ANI): Whether the World Bank (WB), International Monetary Fund (IMF), or the United States of America, (USA) like it or not, today China is the world's largest official creditor. Beijing is walking the distance where needed donning the mantle of the Modern-Day Good Sa
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World Bank expresses grave concern over perpetration of violence in Sri La
Updated : 4 years ago IST
Colombo [Sri Lanka], May 10 (ANI): After clashes broke out in Sri Lanka where the protestors came under attack by the pro-government supporters, the World Bank (WB) has expressed deep concerns over the deteriorating situation in the Island Nation.
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China urges IMF, WB to resume cooperation with Afghanistan
Updated : 4 years, 6 months ago IST
Kabul [Afghanistan], November 18 (ANI): Pakistan and China are making efforts at multiple levels for the Taliban government to have a soft landing. In continuation with it, China urged the International Monetary Fund (IMF) and the World Bank (WB) to resume cooperation with Afghanistan.
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Pakistan: World Bank teams in Kohistan to review security arrangements at
Updated : 4 years, 10 months ago IST
Mansehra (Khyber Pakhtunkhwa) [Pakistan], August 5 (ANI): After 13 people were killed in a bus blast at the Dasu Hydropower Project, including nine Chinese nationals, two high-level World Bank (WB) missions arrived in Upper Kohistan to review the security arraignments on Tuesday.
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Poverty in Pakistan rises to over 5 pc in 2020, estimates World Bank
Updated : 4 years, 11 months ago IST
Islamabad [Pakistan], June 22 (ANI): The World Bank (WB) has estimated that poverty in Pakistan has increased from 4.4 per cent to 5.4 per cent in 2020, as over two million people have fallen below the poverty line.
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World Bank, ADB delay USD 1 billion loans to Pakistan
Updated : 4 years, 11 months ago IST
Islamabad [Pakistan], June 15 (ANI): In a major setback for Pakistan's dwindling economy, two of its largest lenders - World Bank (WB) and Asian Development Bank (ADB) -- have deferred approval of another USD 1 billion worth of loans due to delay in meeting some set conditions.
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World Bank approves USD 400 million to enhance India's coastal resources
Updated : 6 years, 1 month ago IST
Washington D.C. [USA], April 29: The World Bank (WB) has approved USD 400 million multi-year financial support to India to enhance and safeguard its coastal and marine resources.
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