Pakistan
-
Pakistan, IMF reach staff-level pact on crucial $3b bailout | The Express Tribune
.
[ad_1] ISLAMABAD: The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3 billion stand-by arrangement, the lender said, a decision long awaited by the South Asian nation which is teetering on the brink of default. The deal, subject to approval by the IMF board in July, came hours before the…
-
Gold price in Pakistan increases despite fall in international rates
.
[ad_1] An undated image of a gold set displayed at a jewellery store. — AFP/File The per tola price of gold in Pakistan jumped to Rs216,000 on Wednesday despite fall in the international rates. The price of gold (24 carats) rose by Rs1,800 per tola and Rs1,543 per 10 grams to settle at Rs216,000 and…
-
Pakistan, IMF negotiations underway to ‘quickly’ reach pact
.
[ad_1] The International Monetary Fund’s (IMF) building in Washington, United States. — AFP/File The discussions between the International Monetary Fund (IMF) and Pakistan are underway to “quickly” revive the stalled bailout package, global lender’s mission chief to Pakistan Nathan Porter said on Tuesday. “Over the past few days, the Pakistani authorities have taken decisive measures…
-
Pakistan inches closer to IMF funding | The Express Tribune
.
[ad_1] ISLAMABAD: After revising the budget in line with the International Monetary Fund’s demands, Pakistan expects progress towards securing the 9th review programme by receiving a Memorandum for Economic and Financial Policy (MEFP), sources said on Monday. The sources said that soon after the approval of the MEFP, the staff-level agreement and an IMF board…
-
Gold regains shine, price rises by Rs800 per tola in Pakistan
.
[ad_1] An undated image of gold jewellery displayed at a store. — AFP/File KARACHI: The gold price in Pakistan and in the international market registered an increase at the start of the week on Monday. The price of gold (24 carats) increased by Rs800 per tola and Rs685 per 10 grams to settle at Rs215,300…
-
Wapda, UAE group join hands to address energy crisis in Pakistan
.
[ad_1] Water and Power Development Authority and United Arab Emirates company sign agreement on energy. — APP Amid the ongoing power crisis being faced by the country, the Water and Power Development Authority (WAPDA) and United Arab Emirates (UAE) Sheikh Ahmed Dalmook Al Maktoum’s private office on Sunday inked two significant Memorandum of Understanding (MoUs)…
-
Gold price in Pakistan plunges by Rs2,500 per tola
.
[ad_1] An undated image of gold jewellery showcased in a jewellery store. — AFP/File Gold price in Pakistan witnessed a decline on Saturday as per tola price of yellow metal declined by Rs2,500 amid nominal increase in the international rates. The price of gold (24 carats) decreased by Rs2,500 per tola and Rs2,143 per 10…
-
Pakistan ‘fully committed’ to IMF programme, PM reiterates
.
[ad_1] Prime Minister Shehbaz Sharif with International Monetary Fund Managing Director Kristalina Georgieva in Paris. — Twitter/@KGeorgieva After meeting the International Monetary Fund’s (IMF) managing director, Prime Minister Shehbaz Sharif has assured the lender’s chief that Pakistan is “fully committed” to the ongoing Extended Fund Facility. “It was a pleasure to meet you and have…
-
Gold extends losses in Pakistan, price falls by Rs200 per tola
.
[ad_1] An undated image of gold jewellery showcased in a jewellery store. — AFP/File KARACHI: The gold price in Pakistan on Thursday continued to decrease for the fifth consecutive session in line with the developments in the international market and the rupee’s appreciation against the dollar. The price of gold (24 carats) decreased by Rs200 per…
-
Pakistan invites China, Europe to set up LNG plants | The Express Tribune
.
[ad_1] ISLAMABAD: Pakistan is eyeing Central Asia as its energy trade partner, especially Turkmenistan, and is seeking gas supplies for Gwadar in an effort to make it an international energy hub by encouraging China and European countries to establish liquefied natural gas (LNG) plants and export the fuel. “We want to be a trading partner…
