5 minutes Read 1,046 views

The WorldBank will provide $650 million for...

October 26, 2016

The World bank will provide Pakistan with a development loan worth US $650 million to support projects in education, health, water and disaster sectors of Pakistan. Here is the breakdown. The loans are targetted to develop the infrastructure and governance for a promissing entrepreneurial ecosystem : 1)$200 million would be given for Balochistan Integrated Water […]

10 minutes Read 4,437 views

Poverty in Pakistan has declined from 35%...

October 22, 2016

According to a recent report by The World Bank-The national poverty line set in 2011 shows that poverty has declined from aproximately 35% in 2001 to less than 10% in 2013-2014. According to Dr.Ghazala Mansuri a Lead Economist at the World Bank “These gains were not concentrated among those close to the poverty line. Even […]

10 minutes Read 1,588 views

The World Bank ‘Doing Business Project’ –...

August 8, 2016

The World Bank Group comprises of five distinct international organisations that provide loans to countries in the developing stages. The Bank is headquartered in Washington, D.C. comprising of 189 member states and the current President of the World Bank Group is Jim Yong Kim. Following are the five distinct organizations of the Group: 1. International […]