ISLAMABAD: Poverty in Pakistan has surged by 7 percent points over the past three years, according to a World Bank report. World Bank Country Director for Pakistan, Bolormaa Amgaabazar, told reporters that the national poverty rate currently stands at 25.3%, compared to 18.3% in 2022. She noted that poverty climbed to 24.8% in 2023-24 before … Read more
ISLAMABAD: World Bank Country Director Najy Benhassine on Tuesday called on Caretaker Federal Minister for Finance, Revenue, Economic Affairs, and Privatization Dr Shamshad Akhtar. The World Bank economist was accompanied by his team including Tobias Akhtar Haque, Lead Country Economist, and Gailius Draugelis, Operations Manager. Secretary Finance, Secretary Economic Affairs Division, and senior officers from … Read more
Federal Minister for Finance and Revenue Shaukat Tarin held a meeting with Country Director, World Bank, Najy Benhassine and his team at Finance Division here on Tuesday. The meeting reviewed the progress on the ongoing World Bank’s projects and programmes in Pakistan, according to press statement issued by the finance ministry. Read more: Abad urges govt … Read more
