Tag: World Bank

Women’s Bank Accounts in Pakistan Reach 37 Million as Gender Gap Narrows Under SBP’s Banking on Equality Initiative

The State Bank of Pakistan reports that women’s active bank accounts have risen to 37 million under its Banking on Equality policy, narrowing the gender gap in financial inclusion. Governor Jameel Ahmad announced the progress during the World Bank Group meetings, emphasizing SBP’s commitment to advancing women’s entrepreneurship and inclusive economic growth.

IMF Rejects Pakistan’s Plan for Subsidised Power Tariffs for Crypto Mining and Key Industries

The IMF has rejected Pakistan’s proposal to introduce subsidised power tariffs for crypto mining and energy-intensive industries, citing market distortion risks. The decision comes amid debates on circular debt, power theft, and sector inefficiencies.