Pakistan poised for $20 billion World Bank loan

On January 14, 2025, the World Bank board will approve a groundbreaking $20 billion loan for Pakistan. This marks the first-ever mega 10-year partnership framework, ensuring long-term stability in Pakistan’s development projects. The new loan package called the “Pakistan Country Partnership Framework 2025-35,” focuses on six key areas. These areas have broad political support, ensuring […]

Pakistan to get first data and cloud center: Chinese delegation confirms $700 million investment

In a historic leap, Pakistan is set to establish its first-ever data and cloud center, driving technological progress. This groundbreaking initiative, backed by China’s $700 million investment, will transform Pakistan’s IT sector and create opportunities. A Chinese delegation recently met Punjab Chief Minister Maryam Nawaz Sharif at Punjab House, Islamabad, to finalize the project. Key […]