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World Bank needs to revisit its policy and lending focus

In its recently released report ‘Pakistan development update October 2023: restoring fiscal sustainability’ the World Bank (WB), just like the International Monetary Fund (IMF) policy thinking, including as highlighted in…

Climate-hit island pushes to reshape World Bank, IMF

While conflict and inflation will dominate World Bank spring meetings next week, campaigners are pushing for a redesign of global financial architecture to help countries cope with climate change. Experts…

IMF/World Bank reports

The International Monetary Fund’s report titled “Fiscal Monitor: a fair shot” appears to be, at best, coincidental and, at worst, a deliberate rejoinder to recent calls for a revisit to…

World Bank update

The Development Update of Pakistan has been released recently by the World Bank. The Bank has been the largest and trusted development partner of Pakistan. It has acted as the primary source…