The Full Mutual Reliance Framework (FMRF) is a landmark collaboration between the World Bank and the Asian Development Bank, designed to deepen the two institutions’ collaboration on cofinanced public ...

ISLAMABAD: Prime Minister Shehbaz Sharif constituted a Steering Committee and four Working Groups (WGs) to address systematic implementation bottlenecks in development projects being funded by the ...

In its latest report titled ‘Global Economic Prospects’, the World Bank said monetary authorities across developing economies ...

WASHINGTON, Dec. 11, 2025— A proliferating set of international standards—covering everything from food labeling to the specifications of 5G cellular networks—is steadily reshaping the global economic ...

The federal government, however, has set a target of 4.2 percent GDP growth for the year. Looking ahead, the report forecasts ...

The Chief Economist and Senior Vice President for Development Economics at the World Bank, Indermit Gill, said; “Over time, the global economy has become less capable of generat ...

The World Bank's latest report projects steady global economic growth, showing resilience despite trade tensions, but warns of a slow decade and rising deb ...