Chinese banks to refinance Pakistan with USD 2.3 billion funding

Jun 02, 2022

Islamabad [Pakistan], June 2 : China on Thursday agreed to refinance Pakistan with USD 2.3 billion worth of funds amid the dwindling foreign exchange...

Pakistan: Rupee witnesses sharp decline due to dwindling foreign reserves

May 17, 2022

Karachi [Pakistan], May 17 : In the wake of the dwindling foreign reserves and the inflows taking more than expected time to support the...

Pakistan appoints new State Bank governor

Aug 28, 2022

Islamabad [Pakistan], August 28 : Amid dwindling foreign reserves and the country's ongoing deal with the International Monetary Fund (IMF), Pakistan appointed Jameel Ahmad...

Assurance from friendly countries needed for IMF-Pakistan loan deal

Aug 03, 2022

Islamabad [Pakistan], August 3 : Amid dwindling foreign reserves, the International Monetary Fund (IMF) on Tuesday announced the approval of USD 1.2 billion in...

Chinese banks to provide USD 2.3 bln to Pakistan 'within days' under loan agreement

Jun 23, 2022

Islamabad [Pakistan], June 23 : To cope up with country's dwindling cash reserves, loan of USD 2.3 billion from a Chinese consortium of banks...

Pakistan: Bajwa urges US to help Pakistan secure IMF loan tranche

Jul 29, 2022

Islamabad [Pakistan], July 29 : Pakistan's army chief General Qamar Javed Bajwa has sought help from the US to secure an early loan dispersal...