A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. — ReutersTrump orders fresh strikes against Iran.Washington revokes temporary Iran sanctions waiver.Markets monitor Strait of Hormuz tensions.Oil prices dipped Thursday…
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World Bank slashes Pakistan’s growth forecast to 2.6% after deadly floods
A person enters the building of the World Bank Group, in Washington, United States. — AFP/FileGDP growth earlier expected to be 3.4% in FY26, 3.6% in FY27: WB.Adds fiscal deficit could rise to 5.5% with flood-related spending.Current account deficit could reach 0.1% of GDP in…
Oil prices fall as Trump pauses attacks on Iranian energy plants
A worker operates valves at the Rumaila oil field, as the country cuts nearly 1.5 million barrels per day of output amid halted exports following the closure of the Strait of Hormuz, in Basra, Iraq, March 4, 2026. — Reuters Talks with Iran to end the war were going “very well”:…
World Bank asks Pakistan to revise NFC Award formula
A person enters the building of the World Bank Group, in Washington, United States. — AFP/File
On BISP, World Bank seeks cost-sharing from all provinces.Expenditure assignments remain incompletely implemented: WB.WB suggests adopting horizontal distribution solution for…