World Bank Country Director for Pakistan said the Covid-19 crisis was impacting daily life through economic disruptions along with additional stress on public services.
Reinhart joins the World Bank at a time when President David Malpass has expressed concern that 60 million people may fall into extreme poverty due to Covid-19.
The World Bank joins a chorus of international agencies that have made a similar cut in growth estimates in recent days on concerns about the Covid-19 pandemic.
Aid money may stabilize the power of a corrupt elite, allowing them to enrich themselves without providing education, health, that would benefit their countries as a whole.
World Bank has postponed its decision on granting loan after an emergency meeting with Tanzanian activists and international human rights organisations.
By consolidating 29 laws into four codes, compliance is streamlined and regulations are simplified, improving “ease of doing business”. This is bound to improve investor confidence.
Rural ownership of motor vehicles jumped from 19 percent in 2011-2012 to 59 percent in 2023-2024, while urban rose from 40 percent to 68 percent during the same time period, study by two members of PM-EAC says.
At the Jindal Literature Festival, Maj Gen (Retd) Lakhwinder Singh reveals secrets from 25 years ago, speaking about the decision that outwitted Musharraf and changed the course of the war.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
Bhikaris…..(beggars).