Saudi Fund for Development Lends $107 Million to Pakistan for AJK Hydropower Projects
ISLAMABAD: Saudi Fund for Development (SFD) has signed two loan agreements of 107 million dollar with Pakistan to fund hydropower projects in Azad Jammu...
Pak Premier, Saudi Fund delegation discuss ongoing development projects
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif was called on by a delegation of Saudi Fund for Development (SFD), led by Sultan Bin Abdul Rehman...
Pakistan’s foreign reserves surge by $23 million, reaching $13.09 billion
KARACHI: Foreign exchange reserves of Pakistan have witnessed a significant surge, marking an increase of $23 million, reaching a total of $13.09 billion.
The State...
Military leadership made ‘extraordinary efforts’ for SIFC success, foreign investment: Premier
ISLAMABAD: Prime Minister Shehbaz Sharif has reiterated that the Special Investment Facilitation Council (SIFC) has a big rile in fostering foreign investment.
"The SIFC has...
Government maintains petrol price, decreases high-speed diesel rate
ISLAMABAD: The Federal Government has announced its decision to maintain the price of petrol while reducing the price of high-speed diesel by Rs 1.77...
MPC of State Bank likely to announce monetary policy on March 18
KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is likely to announce fresh monetary policy on Monday March 18,...
IMF sets tough conditions for new loan program; urges sweeping reforms
ISLAMABAD: In a bid to secure a new loan program, Pakistani officials engaged in rigoros negotiations with the International Monetary Fund (IMF) review mission.
The...
IMF review mission to assess Pakistan’s ongoing loan program from Thursday
ISLAMABAD: The review mission of the International Monetary Fund (IMF) is all set to visit Pakistan, with negotiations scheduled to commence from March 14...
IMF confirms receiving PTI letter, says looks forward to engaging with new govt
WASHINGTON: The International Monetary Fund (IMF) has confirmed receiving a letter from the Pakistan Tehreek-e-Insaf (PTI) on February 28, signalling a desire to engage...
Caretaker’s increases power tariff by Rs7.5 per unit
ISLAMABAD: The Caretaker Government has once again dropped a power bomb on already inflation hit people after it increased the price of electricity by...
