Pakistan
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Pakistan stocks hit record high just shy of 74,000 points
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[ad_1] Pakistani traders stand beneath an electronic board displaying share prices at the Pakistani Stock Exchange (PSX). — INP/File KARACHI: Stocks on Monday briefly breached 74,000 points barrier amid reports Pakistan may sign a deal with International Monetary Fund (IMF)…
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IMF mission chief to lead bailout talks with Pakistan next week
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[ad_1] IMF’s Resident Representative for Pakistan Esther Perez Ruiz. — Reporter ISLAMABAD: A senior official of the International Monetary Fund’s (IMF) Sunday confirmed that a team of the Washington-based lender will reach Pakistan next week to hold talks with Islamabad over…
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Downside risks for Pakistan remain exceptionally high: IMF | The Express Tribune
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[ad_1] Downside risks for the economy remain exceptionally high, the International Monetary Fund (IMF) said on Friday, in its staff report, ahead of government talks with the fund on a longer-term programme. An International Monetary Fund mission is expected to…
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Solar panel prices further decline in Pakistan
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[ad_1] This image shows workers installing a solar panel in Jiuquan, Gansu province. — Reuters. KARACHI: Amid a declining trend in rates internationally and ample supply in the local market, the prices of solar panels have further declined in Pakistan,…
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IMF support team in Pakistan to discuss next bailout package
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[ad_1] This file photo taken on January 26, 2022, shows the seal for the International Monetary Fund (IMF) in Washington, DC. — AFP ISLAMABAD: A mission of the International Monetary Fund (IMF) has landed in Pakistan to discuss a new…
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‘Iran, Pakistan explore ways to materialise gas pipeline project’
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[ad_1] Workers can be seen busy working on a gas pipeline at Chah Bahar, Iran. — AFP/File Pakistan and Iran are trying to find a way forward for the completion of the bilateral gas pipeline project spanning on 1,900 kilometres…
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Saudi trade delegation arrives in Pakistan to discuss investment
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[ad_1] Saudi delegation being receieved by Pakistani authorities in Islamabad in this still taken from a video. — GeoNews/YouTube ISLAMABAD: A high-level delegation comprising various Saudi investors landed in Islamabad on Sunday to hold talks on trade and investment in…
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Pakistan welcomes $20b investment in Uzbekistan | The Express Tribune
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[ad_1] TASHKENT: The business communities of Pakistan and Uzbekistan welcomed Saudi Arabia’s $20 billion investment in Uzbekistan’s energy sector on Saturday. Speaking to APP during the Tashkent International Investment Forum (TIIF), Chairman of the Chamber of Commerce and Industry of…
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ADB, donors agree $5b ADF replenishment; grants also available for Pakistan | The Express Tribune
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[ad_1] TBILISI: Donors and the Asian Development Bank (ADB) have agreed to a replenishment of $5 billion for ADB’s Asian Development Fund (ADF) 14 and Technical Assistance Special Fund (TASF) 8, with Pakistan emerging as a recipient of the grants….
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Forex reserves get major boost as Pakistan receives $1.1bn IMF tranche
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[ad_1] A currency dealer counts US dollar notes at an exchange in Karachi on May 19, 2022. — AFP/File Pakistan’s foreign exchange reserves got a major boost as the State Bank of Pakistan (SBP) on Tuesday confirmed receiving $1.1 billion…
