Pakistan
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Pakistan eyeing $4.5bn from creditors: minister
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[ad_1] A man counting $100 bills. — AFP/File Pakistan expects to raise approximately $4.5 billion from multilateral and bilateral sources, excluding the International Monetary Fund (IMF), in the current fiscal year (2023-24), interim Finance Minister Dr Shamshad Akhtar said. In an interview with the official flagship Journal of ICMA International, the minister said for the…
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Will petrol price in Pakistan drop?
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[ad_1] Motorists wait to fill their vehicles’ tanks at a petrol station in Islamabad on June 2, 2022. — AFP ISLAMABAD: The caretaker government could reduce the price of petroleum products in the upcoming fortnightly review, people familiar with the situation told Geo News Monday. The people revealed that since there has been a drop…
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ADB approves another loan for Pakistan
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[ad_1] An image of the headquarters of the Asian Development Bank (ADB). — ADB website The Asian Development Bank (ADB) has approved a $155.5 million loan for Pakistan to support women’s financial inclusion to “boost their livelihoods while contributing significantly to the economy”. According to a statement issued by the Manila-based lender on Monday, the…
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Proud moment for Pakistan: Fatima Fertilizer’s | The Express Tribune
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[ad_1] With its innovative “Salam Kissan” campaign, Fatima Fertilizer has once again earned international acclaim and won the prestigious Drum Award 2023 in London, in the category, “Social Purpose: Social Media ”. With the slogan “Life without Kissan (Farmers),” the campaign aimed to illustrate the reality of a world without farmers. The outstanding achievement displays…
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ADB approves nearly $659m loan for Pakistan
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[ad_1] An image of the headquarters of the Asian Development Bank (ADB). — ADB website The Asian Development Bank (ADB) has approved three projects worth $658.8 million to help Pakistan achieve its goal of more inclusive and sustainable growth and development. In a statement on Wednesday, the Manila-based lender said the projects will focus on…
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Pakistan set to clinch free trade deal with GCC
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[ad_1] Interim Commerce Minister Gohar Ejaz (centre) holds the final round of discussions with the GCC’s chief negotiator in Riyadh on December 2, 2023. — X/Gohar Ejaz ISLAMABAD: Information Minister Murtaza Solangi on Sunday confirmed that Pakistan and Saudi Arabia have agreed on the investment modalities, paving the way for the ratification of a free…
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In meeting with Dutch counterpart, PM Kakar seeks investment in Pakistan
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[ad_1] Caretaker Prime Minister Anwaar-ul-Haq Kakar meets his Dutch counterpart Mark Rutte on the sidelines of the high-level segment of the UN’s 28th Conference of Parties on December 1, 2023. — PID DUBAI: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday met his Dutch counterpart Mark Rutte and invited Netherlands’ businessmen to invest in the agriculture,…
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Petrol price in Pakistan remains unchanged for next fortnight
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[ad_1] Fuel station attendant filling up a car at a petrol station. — AFP/File ISLAMABAD: The interim federal government has decided to keep the petrol price unchanged for the next 15 days — till December 15 — at Rs281.34 per litre. However, the high-speed diesel (HSD) has been slashed by Rs7 per litre while kerosene…
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Pakistan, Kuwait sign agreements for multi-billion investment
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[ad_1] Caretaker Prime Minister Anwaar-ul-Haq Kakar (centre) along with Pakistani and Kuwaiti officials in Qatar during the signing of MoUs, on November 29, 2023. — APP Pakistan and Kuwait signed numerous memorandums of understanding (MoUs) as the struggling South Asian nation seeks to attack multi-billion dollar investment from the Gulf state. The signing came as…
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Atlas Honda rolls out its first EV bike in Pakistan
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[ad_1] An undated image of Honda BENLY e. — Honda Atlas Honda has launched the company’s first EV motorcycle ‘BENLY e’ in a bid to promote environmentally friendly vehicles in the country. However, one of the major motorcycle manufacturers did not specify when the newly-launched motorbike would be available to end consumers. In a statement…
