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    Tag:World Bank

    UK’s Richest 10 Per Cent Extracted Half of India’s Wealth During Colonial Rule, Says Oxfam Report

    If current trends continue, Oxfam predicts that five trillionaires will emerge within the next decade. In stark contrast, the number of people living in poverty has remained nearly unchanged since 1990.

    Pakistan Eyes Expansion in Chinese Capital Markets and Hong Kong Listings

    Pakistan is taking significant steps to deepen its financial and economic engagement with China, aiming to tap into the world’s second-largest capital market and expand corporate opportunities in Hong Kong.

    Bangladesh: Anti Corruption Body Proposes Comprehensive Overhaul

    The 2013 amendment to the Anti-Corruption Commission Act, requiring government approval to investigate politicians or bureaucrats, has been particularly criticized for stifling the ACC’s independence.

    Pakistan: Absence of Wheat Procurement Strains Farming Sector

    The Punjab government, under an agreement with the World Bank, refrained from procuring wheat, leaving growers at the mercy of market forces.

    ADB, World Bank Approve $1.1 Billion Budget Support for Bangladesh

    Beyond the budget support, the World Bank has approved $379 million for the health and nutrition sector and $280 million for the development of the water supply system in Chattogram.

    $200 Million World Bank Support for Kerala Farmers and Agribusinesses

    The KERA project will focus on building climate resilience in Kerala’s agricultural value chains by helping farmers transition to climate-smart practices.

    World Bank Approves $400M Loan to Support Key Development Projects in Bangladesh

    The loan is also strategically important as Bangladesh seeks to attract more foreign investment and strengthen its global economic standing. By addressing key challenges...

    World Bank to Invest $300 Million in Bangladesh’s Clean Air Project

    The funding will come from an International Development Association credit, potentially supplemented by a grant for clean cooking initiatives as part of the National...

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    Global Peace Index 2026: World Grows Less Peaceful as South Asia Records Sharpest Decline; India Ranks 127th

    As global conflicts multiply, nations like India, with its demographic dividend and growing global influence, have an opportunity to lead by example in fostering stability.
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    Scorching Crisis: Karachi Braces for Extreme Heatwave as Temperatures Soar Towards 47°C

    Pakistan’s experience mirrors global challenges, urging international cooperation on mitigation while building local resilience. In the blistering streets of Karachi, the human cost of inaction is measured not just in degrees, but in lives and livelihoods under threat.

    EU-Backed Initiative Puts Sri Lanka’s Green Finance Taxonomy into Action, Training Stakeholders for Sustainable Growth

    The training of over 200 stakeholders represents not just technical progress but a strategic commitment to a greener future. As implementation gains momentum, Sri Lanka’s financial sector is poised to play a transformative role in the nation’s sustainable development journey.

    Must read

    Global Peace Index 2026: World Grows Less Peaceful as South Asia Records Sharpest Decline; India Ranks 127th

    As global conflicts multiply, nations like India, with its demographic dividend and growing global influence, have an opportunity to lead by example in fostering stability.

    Scorching Crisis: Karachi Braces for Extreme Heatwave as Temperatures Soar Towards 47°C

    Pakistan’s experience mirrors global challenges, urging international cooperation on mitigation while building local resilience. In the blistering streets of Karachi, the human cost of inaction is measured not just in degrees, but in lives and livelihoods under threat.