World Bank vows to support Pakistan during COVID-19 crisis

News Image

MG News | October 23, 2020 at 10:59 AM GMT+05:00

0:00

October 23, 2020: Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh says the government has devised a mechanism for cash transfer to support 16 million deserving families during testing times.

He was speaking at a virtual meeting with Managing Director, World Bank Axel Van Trotsenburg and Vice President Hartwing Schafer.

The Adviser on Finance appreciated the role of World Bank in extending assistance to Pakistan to provide much-needed fiscal space to fight COVID-19 pandemic effectively.         

The World Bank appreciated reform agenda of the present Government and reiterated commitment to support Pakistan through IDA 2020 during COVID-19 crisis.

Radio Pakistan 

Related News

Name Price/Vol %Chg/NChg
KSE100 169,911.95
405.31M
0.83%
1392.01
ALLSHR 101,374.61
947.58M
1.04%
1046.92
KSE30 51,473.16
179.83M
1.09%
554.79
KMI30 246,056.32
173.35M
0.99%
2408.81
KMIALLSHR 66,195.48
466.66M
0.98%
640.12
BKTi 46,597.07
53.39M
0.51%
235.53
OGTi 35,201.74
24.03M
2.40%
825.30
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 75,035.00 75,250.00
75,035.00
-475.00
-0.63%
BRENT CRUDE 98.21 99.80
94.43
3.28
3.46%
RICHARDS BAY COAL MONTHLY 103.25 0.00
0.00
0.15
0.15%
ROTTERDAM COAL MONTHLY 103.50 0.00
0.00
0.35
0.34%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 89.93 90.09
89.57
-4.76
-5.03%
SUGAR #11 WORLD 13.67 13.77
13.55
0.16
1.18%

Chart of the Day


Latest News
April 16, 2026 at 11:53 PM GMT+05:00

Trump to visit Islamabad as Iran deal nears completion


April 16, 2026 at 09:36 PM GMT+05:00

SCRA balance falls by Rs82m during week


April 16, 2026 at 09:33 PM GMT+05:00

SBP reserves fall $1.32bn to $15.08bn


April 16, 2026 at 09:29 PM GMT+05:00

Al-Ghazi Tractors hits 600,000 units at DG Khan plant


April 16, 2026 at 06:33 PM GMT+05:00

China expo turns into global market hub



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg