Tag: pak economic crisis
China rolls over $2.4 billion loan for key ally Pakistan
ISLAMABAD: China has rolled over a $2.4 billion loan to its all-weather ally Pakistan for two years to help the cash-strapped country shore up its…
Ishaq Dar: China rolls over $2.4 billion loan for key ally Pakistan
ISLAMABAD: China has rolled over a $2.4 billion loan to its all-weather ally Pakistan for two years to help the cash-strapped country shore up its…
Pakistan facing ‘exceptionally high’ risks, needs another IMF programme, says global lender
ISLAMABAD: Pakistan needs another IMF programme and support from other multilateral lenders beyond the coming election cycle and the ongoing standby arrangement, according to the…
Pakistan PM Shehbaz Sharif: Hoping IMF agreement will go through on July 12
ISLAMABAD: Pakistan is hopeful that the International Monetary Fund (IMF) will clear a financial package when the international lender’s board meets on July 12, the…
Pakistan needs to unlock IMF bailout to avoid default
ISLAMABAD: The International Monetary Fund (IMF) has raised serious objections over Pakistan’s budget for 2023-24, lessening chances that the global lender will revive the loan…