News

A Bloomberg report has confirmed, citing sources, that the Industrial and Commercial Bank of China (ICBC) and the Bank of ...
New Delhi: China has once again extended support to bankrupt Pakistan by providing a loan of USD 3.4 billion. According to a Reuters report, Pakistan has also received loans in recent days from other ...
On Wednesday, the World Bank approved a $194 million loan for Pakistan and signed a $350 million loan agreement with ADB to ...
China has rolled over $3.4 billion in loans to Pakistan, two senior Pakistani government officials told Reuters on Sunday, in a move that will help boost Islamabad's foreign exchange reserves, a ...
ISLAMABAD: Pakistan received $16.08 billion in foreign loans and grants in the first 10 months of 2024-25, compared to an annual target of $19.2bn by June 30. While half of this portfolio was ...
The loan programme review unlocked around $1 billion in much-needed funds. Meanwhile, the new loan programme was also approved, greenlighting a new $1.4-billion bailout. What is the $7-billion ...
Pakistan's Economic Affairs Division faced a social media controversy after a post, later claimed to be a hack, appealed for international loans amid escalating tensions with India. This occurred ...
ISLAMABAD (Reuters) - The International Finance Corporation will provide a $400 million subordinated loan for Pakistan’s Reko Diq copper-gold mine, according to an IFC disclosure on Friday. The ...
Every time Pakistan's economy catches fire, the IMF shows up like a firefighter with a big hose of dollars. For decades, it's been a lifeline, quietly stitching up Pakistan's collapsing economy ...
The United States reportedly pressured Pakistan to quickly de-escalate tensions, conditioning a $1 billion IMF loan on Pakistan's immediate agreement to a ceasefire.
Extensive damage to its military assets might have made Pakistan call for a ceasefire with India, but a $1-billion loan from the IMF might have helped in the de-escalation process. The loan might ...