loan
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SBP receives $1b loan tranche from IMF | The Express Tribune
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[ad_1] KARACHI: The State Bank of Pakistan has received an installment of $1.053 billion from the International Monetary Fund under the Extended Fund Facility worth $6 billion. “Following the successful completion of the sixth review of the IMF program, SBP has received the next tranche of $1.053 billion,” the State Bank of Pakistan stated on…
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IMF approves $1 billion loan tranche for Pakistan
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[ad_1] A picture of the IMF headquarters in Washington DC. — AFP/File The International Monetary Fund’s (IMF) Executive Board on Wednesday approved Pakistan’s request for an $1 billion loan tranche. The country’s finance minister, Shaukat Tarin, took to his official Twitter account and confirmed the news. “I am pleased to announce that IMF Board has…
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IMF approves $1b loan tranche for Pakistan | The Express Tribune
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[ad_1] ISLAMABAD: The executive board of the International Monetary Fund on Wednesday revived Pakistan’s stalled programme and cleared $1 billion tranche after Islamabad gave absolute autonomy to the central bank and took around Rs800 billion measures. The executive board, that met in Washington, also waived off few conditions to pave the way for the release…
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Islamabad eyes $3b loan from Beijing | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan has set its sight on a loan to the tune of $3 billion from China to stabilise its dwindling foreign exchange reserves and also seeks an investment bonanza in half a dozen sectors during the visit of Prime Minister Imran Khan to Beijing next week. Government sources said that in addition to…
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Stocks flat for 2nd day as loan remains elusive
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[ad_1] KARACHI: Stocks on Wednesday trod water for second session, as International Monetary Fund (IMF) huddle to finalise the coveted loan was moved to February, traders said. Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Share Index closed inched up 67.28 points or 0.15 percent to 44,955.05 points with the top and the bottom of the day…
