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ISLAMABAD: A Chinese bank has given assurances it will provide another refinanced $500 million loan within the next few days, bringing the total of commercial loans up to $1.7 billion out of the...
The Pakistani authorities are running from pillar to post to get 100 per cent confirmation from friendly donor countries and multilateral creditors before moving toward striking a staff-level agreement with the International Monetary Fund (IMF). It was an unwritten condition from the IMF that Pakistan must secure the refinancing of commercial loans as well as a rollover on deposits from China during the programme period, which is scheduled to expire in June 2023.
Senate body told there's need to connect Gwadar port city with PR at earliest
ISLAMABAD: The International Monetary Fund has committed virtual negotiations with the Pakistani authorities for striking a staff-level agreement next week.The Fund has placed prior actions,...
CDA says so far, around 15pc work on the project has been completed