CM for adoption of ‘new cropping pattern’ to offset water shortage effects KARACHI: Sindh Chief Minister Syed Murad Ali Shah expressing concern over the impact of climate change on water... Published 17 Apr, 2024 05:28am
Print Rehabilitation of Tunnel 5 gates of Tarbela Dam: World Bank asks Wapda to seek Rs80bn allocation in budget ISLAMABAD: The World Bank (WB) has asked the Water and Power Development Authority (Wapda) to approach the... Updated 02 Apr, 2024 09:45am
Business & Finance Jul-Nov borrowing down $0.829bn to $4.285bn YoY ISLAMABAD: The country borrowed $4.285 billion from multiple financing sources during the first five months... Updated 19 Dec, 2023 09:41am
Pakistan Rs1.38bn approved for purchase of equipment & vehicles for Rangers KARACHI: The Sindh Cabinet on Friday approved the release of Rs1.38 billion funds for the purchase of water canons,... Published 02 Dec, 2023 05:09am
Opinion Low inflows of external financing The first quarterly review of the IMF (International Monetary Fund) Stand-by Facility has been successfully... Published 21 Nov, 2023 06:01am
Print $250m RISE-II loan: Negotiations with AIIB next week likely ISLAMABAD: Pakistan and Asian Infrastructure Investment Bank (AIIB) are likely to hold negotiations for $250 million... Updated 08 Oct, 2023 07:06pm
Print IBRD, AIIB loans for T5HP: Wapda to seek extension of closing date ISLAMABAD: Water and Power Development Authority (Wapda) is to seek extension in closing date of $390 million IBRD... Updated 21 Sep, 2023 09:54am
Print Inflows improved in July: IMF SBA gives comfort level to multilaterals, bilaterals: MEA officials ISLAMABAD: The staff level agreement on the Stand-By Arrangement (SBA) with the International Monetary Fund (IMF)... Updated 23 Aug, 2023 10:17am
Print $2.89bn borrowed from multiple financing sources in July ISLAMABAD: The country borrowed $2.890 billion from multiple financing sources during the first month (July) of the... Updated 22 Aug, 2023 09:12am
Business & Finance Jul-Dec: Govt inks $3.9bn new loan agreements ISLAMABAD: The government has signed new loan agreements worth $3.904 billion with development partners during the... Published 10 May, 2023 06:03am
Print Dar holds virtual meeting with President AIIB ISLAMABAD: Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Saturday held a virtual meeting with Jin... Updated 16 Apr, 2023 10:06am
Print Policy efforts, 9th review’s success: Timely external aid will be critical: IMF ISLAMABAD: Timely financial assistance from external partners will be critical to support the Pakistani authorities’... Updated 25 Mar, 2023 06:05pm
Print Projects worth billions of dollars: AIIB voices concern over undue delay ISLAMABAD: The Asian Infrastructure Investment Bank (AIIB) has reportedly expressed concerns on undue delay in... Updated 18 Mar, 2023 09:13am
Print AIIB chief economist briefed about state of economy ISLAMABAD: A meeting was held with Erik Berglof, Chief Economist, Asian Infrastructure Bank (AIIB) here. SAPM on... Updated 08 Feb, 2023 09:12am
Pakistan Damage caused by carbon emissions to developing nations highlighted ISLAMABAD: State Minister for Petroleum Division Musadak Malik has said that developing and under-developed ... Published 07 Feb, 2023 06:07am
Business & Finance PCJCCI holds ceremony for celebrating Chinese New Year LAHORE: Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) on Monday arranged an exclusive New Year... Published 25 Jan, 2023 06:25am
Print T4HP: Govt seeks another extension in closing date of World Bank loan ISLAMABAD: The government has requested the World Bank for extending the closing date of credit for Tarbela Fourth... Updated 26 Dec, 2022 09:34am
Print External sources: Jul-Nov govt borrowing rises to $5.114bn from $4.699bn YoY ISLAMABAD: The government has borrowed $5.114 billion from multiple financing sources, including $1.166 billion from... Updated 20 Dec, 2022 09:38am
Markets Rupee depreciation continues, settles at 224.4 against US dollar Currency depreciates 0.01% in inter-bank market on Friday Updated 09 Dec, 2022 08:45pm
Print Forex reserves fall to $6.7bn on repayments KARACHI: The State Bank of Pakistan’s foreign exchange reserves decreased by $ 784 million to $6.715 billion during... Updated 09 Dec, 2022 09:22am
Opinion SBP’s newfound realism The recent meeting of the Monetary Policy Committee (MPC) of the SBP (State Bank of Pakistan) has led to the ... Published 06 Dec, 2022 05:58am
Business & Finance Pakistan has received $500m from AIIB: Dar ISLAMABAD: Finance Minister Ishaq Dar has stated on Tuesday that Pakistan has received US$500 million from the Asian... Published 30 Nov, 2022 05:53am
Markets Pakistan receives $500mn from AIIB: finance ministry Inflow comes at a time when country's foreign exchange reserves are at a low level Updated 29 Nov, 2022 05:02pm
Print Flood relief operations, reconstruction: ‘Pakistan has received $3.4bn,’ NA body told Out of which $170 million converted to firm commitments Updated 25 Nov, 2022 10:03am
Editorials Forex reserves EDITORIAL: The drop in foreign exchange reserves to $7.96 billion, as of 4 November 2022, must be disconcerting for... Published 15 Nov, 2022 05:52am
Markets Alarm bells: SBP-held foreign exchange reserves plunge $956mn, stand at $7.96bn Decrease attributed to external debt servicing SBP says refinancing of loans in process, will improve foreign exchange reserves in coming weeks Published 10 Nov, 2022 07:04pm
Markets KSE-100 up over 600 points as market upbeat over AIIB inflow Market trades in green throughout trading session Updated 10 Nov, 2022 07:01pm
Markets Rupee registers third consecutive gain, settles at 221.42 against US dollar Currency gains 0.1% in inter-bank market Updated 10 Nov, 2022 06:23pm
Print Economic crisis: AIIB to give us $500m to counter social fallout ISLAMABAD: Pakistan will receive $500 million as co-financing for the BRACE development program from the Asian... Updated 10 Nov, 2022 09:09am
Business & Finance SBP to receive $500mn from AIIB in November: Ishaq Dar Finance Minister says Asian Infrastructure Investment Bank board approved the funding today Updated 09 Nov, 2022 09:03pm
