By Staff Reporter
ISLAMABAD: The Asian Development Bank (ADB) has planned to lend up to $700 million in loans to Pakistan before year-end to help support flood-ravaged economy, a top official said on Thursday, taking the total funding to $2.2 billion post deluge.
By Staff Reporter
ISLAMABAD: Senator Ishaq Dar has taken oath as the country’s new finance minister a day after he was sworn in as a member of the upper house of the parliament.
By Staff Reporter
KARACHI: Prime Minister Shehbaz Sharif said on Friday “all hell will break loose” if the flood devastated Pakistan is not provided with debt relief by rich countries.
Monitoring Desk
NEW YORK: Pakistan should seek to suspend international debt repayments and restructure loans after devastating floods triggered a humanitarian emergency and imperiled the country’s finances, the Financial Times reported on Friday, citing a UN memorandum.
By Staff Reporter
ISLAMABAD: The Islamabad High Court on Thursday deferred contempt proceedings against Imran Khan after the former prime minister tendered an apology before the court for his threatening remarks against a female judge.
By Staff Reporter
ISLAMABAD Former prime minister Imran Khan on Wednesday announced to launch an anti-government protest movement from Saturday to press his demand for fresh elections.
By Staff Reporter
KARACHI: Hollywood actress and humanitarian Angelina Jolie on Wednesday visited several areas of Pakistan ravaged by floods, calling for increased global financial support as she feared many affected people she had met would “not make it” if more aid did not arrive.
By Staff Reporter
ISLAMABAD: Pakistan’s economy is forecast to slow to 3.5 percent in the current fiscal year amid devastating floods, policy tightening, and critical efforts to tackle sizable fiscal and external imbalances, even as growth in FY2022 is expected to have reached 6.0 percent, the Asian Development Bank (ADB) said on Wednesday.
By Staff Reporter
ISLAMABAD: The Federal Investigation Agency (FIA) on Tuesday served a notice to former finance minister Senator Shaukat Tarin of Pakistan Tehreek-i-Insaf (PTI) for investigation into his leaked audio conversation with Taimoor Saleem Jhagra, finance minister of Khyber Pakhtunkhwa.
By Staff Reporter
ISLAMABAD: The Asian Development Bank on Tuesday said it was working “quickly” to provide a “significant” relief and rehabilitation package to the flood-hit Pakistan.
