By Staff Reporter
Lahore: Punjab Chief Minister Chaudhry Parvez Elahi survived a confidence vote in the early hours of Thursday, after weeks of political turbulence in the country’s most populous province, paving the way for possible dissolution of the assembly on the instructions of ousted prime minister Imran Khan.
By Naveed Naqvi
ISLAMABAD: Pakistan is likely to ‘dodge’ default in the coming six months, however, its economic woes won’t be over as the country would have to worry about a huge dollar debt repayment in April 2024, a Bloomberg economist said.
By Staff Reporter
ISLAMABAD: Saudi Arabia’s Crown Prince Mohammed bin Salman has directed the Kingdom’s investment arm to consider increasing its deposits to Pakistan’s central bank to reach $5 billion.
By Staff Reporter
ISLAMABAD: Donors at an international conference in Geneva on Monday pledged to give more than $8 billion over the next three years to help Pakistan in flood recovery, the information minister said.
By Staff Reporter
ISLAMABAD: Pakistan’s Finance Minister Ishaq Dar will meet an International Monetary Fund (IMF) delegation on the sidelines of a conference in Geneva next week to unlock a stalled bailout programme.
By Staff Reporter
Islamabad: Prime Minister Shehbaz Sharif held talks with the International Monetary Fund (IMF) chief Kristalina Georgieva to break the deadlock over ninth review for the release of the next tranche of funding under an Extended Fund Facility (EFF).
By Staff Reporter
KARACHI: Pakistan foreign currency reserves are falling fast despite government’s tightening of access to dollars, hitting the lowest level since mid 2014 during the week ended on December 30, 2022 as the country struggles to meet external financing needs.
By Staff Reporter
ISLAMABAD: Pakistan is expected to seek $16.3 billion in aid from the international community for rehabilitation and reconstruction of flood-hit areas next week in Geneva, an official said on Thursday.
By Staff Reporter
ISLAMABAD: Interior Minister Rana Sanaullah on Thursday said the government would not negotiate with any terrorist or militant group, including Tehreek-i-Taliban Pakistan (TTP).
By Staff Reporter
ISLAMABAD: Pakistan will likely secure an additional multibillion-dollar financial support package from long-time ally Saudi Arabia ‘within days’ to shore up its foreign currency reserves, the finance minister said on Wednesday.
