Sri Lanka seek consistency in vital India one-dayer
COLOMBO: Sri Lanka captain Mahela Jayawardene is looking for a consistent all-round performance from his team in the crucial third One-day Internation
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Colourful event marks World Wetlands Day
IslamabadThe once quiet banks of Rawal Lake were the scene of intense activity on Monday with around 2,500 schoolchildren, teachers and parent
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Development authorities for major cities on the anvil
KarachiThe Sindh government is contemplating the establishment of development authorities for all big cities including Sukkur and Nawabshah, S
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Pakistan News
Pakistan bars its players from IPL
KARACHI: Pakistani cricketers will have to stay away from the upcoming Indian Premier League (IPL) season after the government decided against allowin
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PCNS meets to suggest strategy against terror
ISLAMABAD: The Parliamentary Committee on National Security (PCNS) met here on Monday to formulate recommendations for implementing the parliamentary
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SHC suspends ban on rebel ICL players
KARACHI: The Sindh High Court (SHC) on Monday suspended a ban imposed by the Pakistan Cricket Board (PCB) barring players from domestic matches after
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Senate body demands adequate funds for women welfare projects
ISLAMABAD: The Senate Standing Committee on Women Development has expressed its dissatisfaction over the lack of funds for various ongoing projects la
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Pakistan News
Five militants killed in Dera Bugit
DERA MURAD JAMALI: At least five militants were killed in a gun battle with security forces here in Dasht-e-Goran area of Dera Bugti on Monday. Accord
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Pakistan greats bemoan Trophy loss
KARACHI: Former Pakistan greats Monday bemoaned the decision to take away the Champions Trophy tournament over security concerns, leaving the cricket-
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Rich nations should help poorest countries: World Bank
ADDIS ABABA: Wealthy nations need to take three urgent steps to help the poorest countries weather the global financial crisis, the World Bank said on Monday.”First, poorer countries need safety net programs aligned with their ability to put them to good use,” World Bank President Robert Zoellick said in a speech delivered on his behalf to an African Union summit in Ethiopia.”We need to fund well-designed, efficient programs that provide income support to the poorest, such as food-for-work, conditional cash transfers and school feed programs.”Zoellick said the second step was setting up a vulnerability fund for poorer countries that would support crucial investment in infrastructure projects that would create jobs while laying a foundation for future productivity.Thirdly, he said, such a fund would also provide finance for small and medium-sized enterprises that often had a hard time securing funding, even during normal times.”In Africa, they supply the majority of jobs,” he said.The World Bank wants rich nations to allocate at least 0.7 percent of any domestic stimulus package to the fund, and will urge G20 leaders meeting in London in April to back the idea.
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