Pakistan seeks $15 billion loan rescheduling from China
Finance Minister Muhammad Aurangzeb will visit China starting today to seek a rescheduling of a $15 billion loan from Beijing as per ARY News report. A joint working group will be formed to facilitate this process. Discussions will also cover China’s Rs 480 billion energy circular debt and securing a
IMF eased conditions following support from friendly nations: Rana Sanaullah
International Monetary Fund (IMF) relaxed its conditions after friendly nations assisted Pakistan with their pledges. “This time, the credit […] for getting the conditions relaxed goes to our friendly countries as stated by Prime Minister Shehbaz Sharif,” Sanaullah said during a press conference in Faisalabad. Gulf nations Saudi Arabia and
SBP keeps interest rate unchanged at 22 pc for seventh consecutive meeting
MPC underscored stable commodity prices amid robust global growth, but recent geopolitical events inject uncertainty into future prospects