deal
-
IMF deal: not beginning of end | The Express Tribune
.
[ad_1] KARACHI: While the world is still grappling with the exogenous shocks emanating from the pandemic and then more recently with the Russian invasion of Ukraine, many people back home are still scratching their heads to figure out the rationale behind the brewing home-grown crisis that is now spiralling out of control. As pointed out…
-
Rupee will stabilise after IMF deal: Iqbal | The Express Tribune
.
[ad_1] ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Wednesday said that Pakistan needed a big jump in exports to cope with economic challenges and urged the business community to play a role in boosting exports. He made the remarks after inaugurating the Environment Expo along with Atadjan Movlamov, Ambassador of…
-
Bilawal says $6 billion IMF deal is ‘outdated’ | The Express Tribune
.
[ad_1] An ongoing bailout deal between Pakistan and the International Monetary Fund (IMF) is “outdated” given a number of global crises, Foreign Minister Bilawal Bhutto-Zardari said on Wednesday, as the country struggles to implement targets set by the lender. He said it would be justified for Pakistan to plead this case before the IMF in…
-
Pakistan-Uzbekistan free trade deal on the cards | The Express Tribune
.
[ad_1] ISLAMABAD: Pakistan and Uzbekistan are likely to sign a free trade agreement (FTA) to increase bilateral trade between the two countries. Uzbekistan’s Ambassador to Pakistan Aybek Arif Usmanov on Friday hinted at the possibility of inking the FTA. “The possibility of signing a free trade agreement between Pakistan and Uzbekistan cannot be ruled out,”…
-
Revised transit trade deal remains elusive | The Express Tribune
.
[ad_1] ISLAMABAD: As Pakistan and Afghanistan fail to sign a revised transit trade agreement, the former has granted another extension to continue the reciprocal trade arrangement between the two neighbouring countries. The transit trade agreement expired on February 11, 2021. Though Pakistan has made efforts to ink a revised deal, any agreement between the two…
-
‘Dollar to fall after coming out of clutches of PTI-IMF deal’ | The Express Tribune
.
[ad_1] ISLAMABAD: Finance Minister Miftah Ismail has held previous PTI-led government responsible for the current economic crisis in the country, saying that former prime minister Imran Khan-led regime’s “flawed agreement” with the International Monetary Fund (IMF) led to a rise in inflation and depreciation of rupee against US dollar. “If we get out of the…
-
K-P signs Rs7.2b deal with banks | The Express Tribune
.
[ad_1] PESHAWAR: An agreement of Rs7.2 billion has been inked for the speedy completion of Khyber Pakhtunkhwa energy projects, said Khyber-Pakhtunkhwa Minister for Finance and Health Minister Taimur Saleem Jhagra. “For the first time, the projects will be funded by taking loans from banks through corporate commercial financing,” Jhagra told media during the signing ceremony…
-
K-P, OGDC sign deal for dam construction | The Express Tribune
.
[ad_1] ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) and different departments of the government of Khyber-Pakhtunkhwa (K-P) have signed a memorandum of understanding (MoU) for the construction of a dam for the Nashpa Greater Water Supply Scheme (NGWSS) in Karak district. The departments of energy and power, irrigation and public health engineering were among…
-
Argentina to receive $9.7b under $44b debt deal: IMF | The Express Tribune
.
[ad_1] WASHINGTON: The IMF executive board on Friday approved a $44 billion loan for Argentina to help the inflation-wracked country’s economy, with $9.7 billion of the funding available immediately. The Washington-based crisis lender said the financing “aims to provide Argentina with balance of payments and budget support” and also “strengthen debt sustainability, tackle high inflation,…
-
Oil spikes to $139 on talks about Russia oil ban, Iran deal delay | The Express Tribune
.
[ad_1] LONDON: Oil prices spiked to their highest levels since 2008 on Monday amid market supply fears as the United States and European allies considered banning Russian oil imports and prospects for a swift return of Iranian crude to global markets receded. In the first few minutes of trade Brent crude reached $139.13 a barrel…
