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.
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Donors pledge over $8 billion for Pakistan’s flood recovery
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.
Dar to meet IMF officials on sidelines of Geneva conference
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.
Anwar Maqsood’s theatrical satire arrives in Islamabad
Saadhay 14 August, the culmination of a theatrical trilogy by the master playwright, has already made wave in Karachi. By Naveed Naqvi.
PM Sharif holds talks with IMF Kristalina to break deadlock on loan review
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).
Forex reserves drop to lowest since April 2014
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.
Notorious terror kingpin, 2 suicide bombers among 11 terrorists killed
Independent sources say Toor Hafiz and his band were involved in target killing of security forces and attacks on police stations. By Naveed Naqvi.
Flood-hit Pakistan to seek $16.3bn at next week’s UN conference
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.
Minister Sanaullah says no talks with TTP terrorists
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).
Pakistan hopes to secure additional financial help from Saudi Arabia ‘within days’
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.