Tag: IMF loan
Posted in Business
IMF approves a $7 billion loan for Pakistan, $1 billion given immediately
The executive board of the International Monetary Fund has approved a new $7 billion loan for cash-strapped Pakistan, authorities said Wednesday, more than two months…
Posted in Pakistan News
Pakistan hikes rate to record high for IMF loan
ISLAMABAD: Pakistan’s central bank unexpectedly raised its benchmark rate to a record high in an emergency meeting as the nation makes a final attempt to…
Posted in China News
Pakistan receives $1 billion from China
ISLAMABAD: Cash-strapped Pakistan has received $1 billion from its close ally China to support its critically low foreign reserves amidst the uncertainty to revive a…
Posted in Pakistan News
Pakistan receives $1 billion from China
ISLAMABAD: Cash-strapped Pakistan has received $1 billion from its close ally China to support its critically low foreign reserves amidst the uncertainty to revive a…