ISLAMABAD: The World Bank is considering the provision of a $250 million loan to Pakistan for enhancing the civil registration and vital statistics (CRVS), health and education systems essential for improvement of human capital, and increasing the contribution of women to economic productivity, and federal safety nets to respond to unexpected situations more efficiently.
According to the World Bank, the proposed operation is the first in a series of two Development Policy Credit (DPC) operations for the project known as ‘Securing Human Investments to Foster Transformation’ (Shift). For the growth of a sustainable economy, the project aims to create resilient institutions which would support medium-term structural reforms over the next three years focusing on fiscal growth, competitiveness and growth and human capital outcomes for productivity gains.
Pakistan is currently lagging in investment in its people. The country currently ranks low on the World Bank Human Capital Index. As the index is calculated by measuring productivity, human capital accumulation is necessary. If no measures are taken, then Pakistani children will only be 40% as productive as they would be when turning the age of 18.
For more news and blogs, visit graana.com
Islamabad: The Federal Board of Revenue (FBR) is preparing to seek approval from the International…
Riyadh: As Saudi Arabia’s Vision 2030 enters its third phase for the period 2026–2030, the…
Islamabad: The Capital Development Authority (CDA) has earmarked PKR 200 million to settle outstanding land…
Lahore: Punjab Governor Sardar Saleem Haider Khan has promulgated two key ordinances aimed at modernising…
Islamabad: Pakistan’s tax authorities are intensifying efforts to detect undeclared wealth by monitoring social media…
Karachi: The State Bank of Pakistan (SBP) has indicated that it will maintain a cautious…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
