Notwithstanding, the Indus Water Treaty's (IWT) most generous and unequal sharing of waters favouring Pakistan vis-a-vis India, Islamabad objected to the construction of Kishenganga and Ratle dams by New Delhi.
According to the SIGAR report, Afghan exports are driven by mineral fuel, oils, and products, including the recent surge in coal exports. Other Afghan export items are textile and food items such as fruits and vegetables. Afghanistan's main imports from Pakistan are food products, followe
The World Bank report released last week points to a sharp decline in public spending, lower household incomes, and reduced consumption caused aggregate demand to fall. It also highlights disruptions in the payment system and supply constraints further hampered private sector activities, ini
Islamabad [Pakistan], October 23 (ANI): World Bank Vice President for South Asia, Martin Raiser on Sunday advised Pakistan to take internal measures along with help from the international community by implementing economic reforms to recover from the cataclysmic floods.
Kabul [Afghanistan], October 21 (ANI): While Afghanistan continues to remain under the grip of an economic and humanitarian crisis, the World Bank in its recent development update stated that the country's real gross domestic product (GDP) is projected to contract further in 2022.
New Delhi [India], October 19 (ANI): India believes that the implementation of the Indus Water Treaty must be in the letter and spirit of the Treaty, the Ministry of External Affairs (MEA) said on Wednesday, the day after World Bank appointed a Neutral Expert and a Chair of the Court of Arbi
Washington [US], October 18 (ANI): The Afghan economy is adjusting to a "new normal" following the events of August 2021, which brought about a significant economic contraction and widespread deprivation, according to the World Bank's new Afghanistan Development Update.
Paris [France], October 18 (ANI): The Financial Action Task Force (FATF) is set to decide the fate of Pakistan this week at the Singapore plenary taking place on October 20-21, in which Islamabad will be hoping to exit the "grey list" of the financial watchdog after four years.
Washington [US], October 18 (ANI): The World Bank has made appointments in two separate processes requested by India and Pakistan in relation to the Kishenganga and Ratle hydroelectric power plants.
New Delhi [India], October 18 (ANI/Mediawire): Do not count startups for their size. For, it is their disruptive impact to the economy and policies that makes startups engaging and in constant limelight. Startups are not only catalysts in innovation and help create jobs to fuel economy, but
New Delhi [India], October 15 (ANI): Union Finance Minister Nirmala Sitharaman participated in a discussion on a paper titled "Learning Losses: What to do about the Heavy Cost of COVID on Children, Youth, and Future Productivity" during Development Committee Dinner meeting of World Bank in W