China reluctant to clear USD 6 billion loan for CPEC project

May 09, 2021

Islamabad [Pakistan], May 9 : China has shown reluctance to clear a USD 6 billion loan for the single largest project under the China-Pakistan...

Pakistan receives tranche of USD 700 mn from IMF amid economic crisis

Jan 17, 2024

The loan was approved after the IMF Executive Board completed its first review last week, bringing the total disbursements under the USD 3 billion...

Chinese bank to review USD 6 bn loan for Pakistan's ML-1 railway project

Apr 24, 2021

Beijing [China], April 24 : The Chinese government has sent Pakistan's first modern railways' infrastructure project -- Main Line-1 (ML-1) -- to the Exim...

World Bank issues USD 1.5 billion loan to Ukraine

Jun 30, 2023

The World Bank's press service said on Friday that the board of directors of the International Monetary Fund approved a USD 1.5 billion loan...

Pakistan, IMF reach agreement on USD 6 bn Extended Fund Facility loan

Jul 14, 2022

Islamabad [Pakistan], July 14 : The International Monetary Fund (IMF) has said that it had reached a staff-level agreement with Pakistan on the combined...

Pakistan's trade deficit widens to USD 23.8 billion in 10 months

May 06, 2021

Islamabad [Pakistan], May 6 : Pakistan's trade deficit widened to USD 23.8 billion, exceeding the annual target by USD 4.1 billion in 10 months...