WASHINGTON – Commercial creditors need to support debt relief for the poorest countries and cannot just “free ride” on a suspension in debt payments by…
WASHINGTON: The IMF on Thursday approved the disbursement of US$1.386 billion to Pakistan under the Rapid Financing Instrument to address the economic impact of the…
PARIS: France’s economy is expected to shrink by a worse-than-expected eight percent this year after President Emmanuel Macron extended a coronavirus lockdown until May 11,…
ISLAMABAD: The Asian Development Bank (ADB) will provide $2.5 billion in approved financing to Pakistan in 2019. “ADB will provide $2.5 billion in approved financing…
ISLAMABAD: The Pakistan Tehreek-e-Insaaf (PTI) government, in its first year of power, has accumulated a record public debt of Rs7,509 billion, according to official documents.…
KARACHI: Chinese Ambassador to Pakistan Yu Jing on Friday said that only the China Pakistan Economic Corridor (CPEC) agreement was not going to guarantee the…
LAHORE: Malaysian Consul General Khair-ul-Nazran Abd Rahman has pledged to supply all palm byproducts to Pakistan at very reasonable prices. He was addressing as chief…