Friday, July 5, 2024

World Bank

IMF approves $2.9 billion bailout for Sri Lanka

The bailout, however, came with conditions, including a requirement for a debt restructuring plan that must be agreed upon by all creditors by June.

Sri Lanka seeks IMF, World Bank support as economic crisis deepens

Sri Lanka has sought IMF, World Bank help to counter economic crisis in the country

Taliban ask Turkey to play “active role” in restoring Afghanistan

Afghanistan has asked Turkey to "play an active role in restoring Afghanistan."

Pakistan to receive a $1.34 billion grant for social uplifting initiatives

A number of initiatives have been announced by the government that will help in improving the conditions of the common man

Pakistan, World Bank ink two deals worth $1.15 billion for energy projects

The projects will be undertaken in KPK and will boost Pakistan’s energy production from water and renewable resources

Pakistan gets stay on $6 billion Reko Diq penalty

The final decision on the case will be made after a hearing in May

Pakistan signs $1.5 billion loan agreement with WB, ADB, AIIB to boost COVID-19 response

PM Imran Khan witnessed the signing ceremony of financial agreements worth $1.5 billion

Pakistan, World Bank sign loan agreements worth $918 million

World Bank and Pakistan sign 3 loan agreements worth $918 million for development sectors The World Bank and Pakistan on Tuesday signed three loan agreements worth a total of $918 million providing capital for development across various sectors as part...

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Nearly 30,000 people evacuated as Northern California wildfires spreads amid heatwave

Raging wildfires in northern California has forced nearly 30,000 residents to evacuate as the state endures a brutal heatwave.