{"id":57936,"date":"2019-11-23T10:29:33","date_gmt":"2019-11-23T05:29:33","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=57936"},"modified":"2019-11-22T19:37:10","modified_gmt":"2019-11-22T14:37:10","slug":"wb-to-resume-its-budget-aid-programme-for-pakistan","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html","title":{"rendered":"WB to resume its budget aid programme for Pakistan"},"content":{"rendered":"

Islamabad: The World Bank (WB) has decided to resume its budget aid programme for Pakistan after a gap of four years \u2013 a news source reported. As per officials, the international agency is expected to provide PKR 500 million to facilitate improvement in the country\u2019s financial administration framework as well as recovery of sales tax.<\/p>\n

Read:\u00a0Sindh govt, WB to launch mega renewable energy project<\/a><\/p>\n

The Asian Development Bank (ADB) and the World Bank had stopped providing budget aid to Pakistan in 2017 after the economic conditions had deteriorated in the country.<\/p>\n

The WB had expressed reservations regarding exchange rate fluctuations since the bank had made the aid dependent on lowering rupee to the market value. The bank also requires a country to have foreign exchange reserves for two and a half months of import bill.<\/p>\n

Read:\u00a0WB praises timely completion of Tarbela extension<\/a><\/p>\n

ADB had resumed its aid about two months ago, while World Bank is also planning to resume now since Pakistan has adjusted the value of rupee according to the market situation. Pakistan still does not meet the second requirement, however, the World Bank will still allow the aid because Pakistan has signed the IMF agreement.<\/p>\n

On November 15, the State Bank of Pakistan had stated the country\u2019s foreign exchange reserves had reached USD 8.44 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"

Islamabad: The World Bank (WB) has decided to resume its budget aid programme for Pakistan after a gap of four years \u2013 a news source reported. As per officials, the international agency is expected to provide PKR 500 million to facilitate improvement in the country\u2019s financial administration framework as well as recovery of sales tax. Read:\u00a0Sindh govt, WB to launch mega renewable energy project The Asian Development Bank (ADB) and the World Bank had stopped providing budget aid to Pakistan in 2017 after the economic conditions had deteriorated in the country. The WB had expressed reservations regarding exchange rate fluctuations since the bank had made the aid dependent on lowering rupee to the market value. The bank also requires a country to have foreign exchange reserves for two and a half months of import bill. Read:\u00a0WB praises timely completion of Tarbela extension ADB had resumed its aid about two months ago, while World Bank is also planning to resume now since Pakistan has adjusted the value of rupee according to the market situation. Pakistan still does not meet the second requirement, however, the World Bank will still allow the aid because Pakistan has signed the IMF agreement. On November 15,…<\/p>\n","protected":false},"author":57,"featured_media":48190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[14100],"persona":[],"class_list":{"0":"post-57936","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-wb-to-resume-its-budget-aid-programme-for-pakistan"},"acf":[],"yoast_head":"\nWB to resume its budget aid programme for Pakistan - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The World Bank (WB) has decided to resume its budget aid programme for Pakistan after a gap of four years \u2013 a news source reported. As per\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WB to resume its budget aid programme for Pakistan - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The World Bank (WB) has decided to resume its budget aid programme for Pakistan after a gap of four years \u2013 a news source reported. As per\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-23T05:29:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/01\/World-Bank.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"644\" \/>\n\t<meta property=\"og:image:height\" content=\"363\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Muhammad Farhad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Farhad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"WB to resume its budget aid programme for Pakistan - Zameen News","description":"Islamabad: The World Bank (WB) has decided to resume its budget aid programme for Pakistan after a gap of four years \u2013 a news source reported. As per","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html","og_locale":"en_US","og_type":"article","og_title":"WB to resume its budget aid programme for Pakistan - Zameen News","og_description":"Islamabad: The World Bank (WB) has decided to resume its budget aid programme for Pakistan after a gap of four years \u2013 a news source reported. As per","og_url":"https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html","og_site_name":"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2019-11-23T05:29:33+00:00","og_image":[{"width":644,"height":363,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/01\/World-Bank.jpg","type":"image\/jpeg"}],"author":"Muhammad Farhad","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Muhammad Farhad","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html"},"author":{"name":"Muhammad Farhad","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/5cce8ae772fd0b0ee6348e19eb64ff42"},"headline":"WB to resume its budget aid programme for Pakistan","datePublished":"2019-11-23T05:29:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html"},"wordCount":225,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/01\/World-Bank.jpg","keywords":["WB to resume its budget aid programme for Pakistan"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html","url":"https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html","name":"WB to resume its budget aid programme for Pakistan - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/01\/World-Bank.jpg","datePublished":"2019-11-23T05:29:33+00:00","description":"Islamabad: The World Bank (WB) has decided to resume its budget aid programme for Pakistan after a gap of four years \u2013 a news source reported. As per","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/01\/World-Bank.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/01\/World-Bank.jpg","width":644,"height":363},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/wb-to-resume-its-budget-aid-programme-for-pakistan.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"WB to resume its budget aid programme for Pakistan"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/5cce8ae772fd0b0ee6348e19eb64ff42","name":"Muhammad Farhad","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/13eadb15a0125b6648e56703aaf7543058fea376b06a73209cde68f09b9b093d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/13eadb15a0125b6648e56703aaf7543058fea376b06a73209cde68f09b9b093d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/13eadb15a0125b6648e56703aaf7543058fea376b06a73209cde68f09b9b093d?s=96&d=mm&r=g","caption":"Muhammad Farhad"},"description":"Muhammad Farhad is a Content Developer at Zameen.com.","url":"https:\/\/www.zameen.com\/news\/author\/farhad-hassan"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/57936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=57936"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/57936\/revisions"}],"predecessor-version":[{"id":57937,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/57936\/revisions\/57937"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/48190"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=57936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=57936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=57936"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=57936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}