A new World Bank report shows that poverty in Africa may be lower than current estimates suggest and no systematic increase in inequality, given the available data Challenges remain substantial: more ...

While it is generally accepted that the forerunner to Homo sapiens - Homo erectus - left Africa about 1.5 million years ago to populate other parts of the world, there are two main theories about ...

However, under the IMF Extended Fund Facility (EFF), one of the commitments pertained to phasing out of SBP’s operational involvement in the refinancing schemes and it was agreed that the said ...

KARACHI: The State Bank of Pakistan (SBP) will remain closed from 31st March to 2nd April, 2025 (Monday to Wednesday) being public holidays on the occasion of Eid-ul-Fitr.

Africa’s working age population is expected to grow by 450 million people, or close to 70 percent, by 2035. New analysis shows that without effective policy change, there will only be about 100 ...

Africa is dividing in two, and a new landmass and ocean may form sooner than expected. The change could alter the climate and ecosystem of the region, as well as the way humans live. In the ...

During FY24, due to collaborative efforts by SBP and the banks, a record credit disbursement of Rs. 2,216 billion was witnessed, marking a 25pc annual increase.