Pakistan seeks $15 billion loan rescheduling from China
Pakistan
1 min read
186

Pakistan seeks $15 billion loan rescheduling from China

July 23, 2024 6:34 pm
1

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

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IMF eased conditions following support from friendly nations: Rana Sanaullah
Miscellaneous
2 min read
140

IMF eased conditions following support from friendly nations: Rana Sanaullah

June 17, 2024 4:22 pm
0

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

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SBP keeps interest rate unchanged at 22 pc for seventh consecutive meeting
Business
2 min read
361

SBP keeps interest rate unchanged at 22 pc for seventh consecutive meeting

April 29, 2024 5:28 pm
0

MPC underscored stable commodity prices amid robust global growth, but recent geopolitical events inject uncertainty into future prospects

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