IMF Loan As Pakistan seeks a new IMF loan program to address its financing needs of $6-8 billion, India has attempted to block the facility for Islamabad. India’s nominee, executive …
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Loan The United Arab Emirates (UAE) has officially confirmed the extension of its two deposits, each valued at $1 billion, with the State Bank of Pakistan (SBP) for an additional …
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Economy
SBP Boosts Reserves as Pakistan Receives $700 Million from IMF
by Hamza Irshadby Hamza Irshad$700 Million The State Bank of Pakistan (SBP) has confirmed the receipt of the second tranche of Special Drawing Rights (SDR) amounting to SDR 528 million, equivalent to $705.6 million, …
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EconomyInternationalLatest Updates
3 Heavy Inflows With 3-Eurobonds of $2.5bn Issued From international market
by Hamza Irshadby Hamza IrshadISLAMABAD: A day after ouster of Finance Minister Dr Abdul Hafeez Shaikh, the government raised $2.5 billion in three dollar bonds of five, 10 and 30 years from the international capital market …