Tag: World Bank

PVARA met with the World Bank Pakistan team to explore collaboration on tokenisation, digital financial infrastructure, AI, and private capital mobilisation.

SECP approves regulatory reforms targeting remaining gaps in Pakistan performance under the World Bank Business Ready assessment.

World Bank officials met SECP Chairman Dr. Kabir Ahmed Sidhu to discuss capital markets, private sector development, debt markets and financial sector reforms.

SECP holds meetings with World Bank and ADB scoping missions to boost housing finance for NBFCs and accelerate digital lending for small businesses in Pakistan.

The Securities and Exchange Commission of Pakistan has held a strategic meeting with the IFC to boost sustainable finance, financial inclusion, and regulatory reforms.

Verge Systems signs a landmark contract under the SWAT Project to digitize 27 wholesale markets across Sindh with real-time agricultural intelligence.

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.

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.