Pakistan’s economic outlook uncertain with high risks on the downside: ADB

In its annual Asian Development Outlook Report 2024, the Asian Development Bank (ADB) Thursday termed political unrest, devastating floods, and policy slippage as major hurdles in Pakistan’s economic progress, citing uncertainty as a risk towards the country’s efforts for stabilisation, recovery and reforms. “The economy contracted as devastating floods, political unrest, and policy slippage curbed مزید پڑھیں

World Bank approves $149.7m for Pakistan’s digital and flood resilience projects

The World Bank’s Board Of Executive Directors has approved financing of 149.7 million dollars for two projects of Pakistan, “digital economy” and “flood prevention”. 78 million dollars have been allocated for the digital economy enhancement project, which will improve the financial system through technology and data-based decision-making. Through this project, digitalization of government institutions will مزید پڑھیں