World Bank endorses Pakistan's unified government services platform
Move is expected to simplify citizens' access to essential services, including online domicile applications
Move is expected to simplify citizens' access to essential services, including online domicile applications
World Bank proposing a big 10-year plan to fix the economy
Conflicting reports have sparked a nationwide debate
World Bank's suggestions were outlined in Pakistan Development Outlook Oct report
Annual IMF, World Bank meetings scheduled from Oct 9; Dr Shamshad Akhtar leads Pakistan team
WB says recommendation based on 2019 data that needs to be updated
A grant of $15 million to be also provided
Repercussions of conflict continue to affect global economy
Financing to be provided under second Resilient Institutions for Sustainable Economy (RISE-II) scheme
Financing is earmarked for Digital Economy Enhancement Project (DEEP), Sindh Barrages Improvement Project (SBIP)
Report says in the next financial year, growth rate will rise to 2.3%, inflation come down to 15%
92% of Gaza's main roadways, 84% of medical facilities destroyed; 100% of education system collapsed
World Bank also released the Pakistan Development Update Report
Report says losses of electricity distribution companies have increased to 0.5% from 0.2%
Boosting economic resilience and technological advancements
On completion, project to save Pakistan $1.8 billion annually in terms of fuel costs
Both side agreed on the rolling of the Country Framework Plan for ten years.
During the last 9 months, Pakistan's economy has been moving in the right direction, World Bank
WB report says inflation is expected to slow down to 15% in the next fiscal year
Funds to benefit 5 million out-of-school children, improve educational facilities
Projects include Crisis Resilient Social Protection Program and Sindh Livestock and Aquaculture Sectors Transformation
By 2030, initiative expected to provide safe water to around 16m residents of Karachi and sewerage services to 7.5 million individuals