Tahir Amin

2 weeks ago | brecorder.com | Tahir Amin

ISLAMABAD: The World Bank Group (WBG) and the government of Pakistan agreed to work closely in preparing the implementation framework for new Country Partnership Framework (CPF) which would define broad scope of each expected outcome and sectoral convergences under it and set uniform standards for identification of projects.

2 weeks ago | brecorder.com | Tahir Amin

ISLAMABAD: The Asian Development Bank (ADB) has revised Pakistan’s GDP growth forecast for the fiscal year 2025 down to 2.5 per cent (3 per cent in December 2024), while saying that the country’s outlook depends largely on the success of ongoing economic reform.

2 weeks ago | brecorder.com | Tahir Amin

ISLAMABAD: Pakistan could see a worsening of external position on account of new US tariffs that will potentially weigh further on the outlook for economic growth, says Moody’s Investors Services (Moody’s). The rating agency in its report, “Tariffs – Asia-Pacific” stated that new tariffs on APAC economies are more draconian than market expectations and will be credit negative for the region, but with some differentiation.

2 weeks ago | brecorder.com | Tahir Amin

ISLAMABAD: The World Bank is likely to approve additional financing of $150 million to support the government of Sindh’s efforts to rehabilitate critical infrastructure damaged during the 2022 floods and enhance capacity to respond to disasters. Official documents revealed that by scaling-up key activities, addressing financing gaps, and supporting institutional strengthening, the additional financing (AF) aims to increase project impact and improve its overall development effectiveness.

2 weeks ago | brecorder.com | Tahir Amin

ISLAMABAD: Chairman Pakistan Tehreek-e-Insaf (PTI) Barrister Gohar Ali Khan on Monday said that his party is not in contact with the US delegation that arrived in Pakistan. Talking to media, the PTI chairman also distanced the party from the bill tabled in the US Congress while saying that his party has no connection with legislation. Gohar said countless legislations and resolutions are passed in the US Congress; however, the party has no connection with the said bill.