Pakistan Loans
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Pakistan Weighs 'All Options' To Repay $3 Billion UAE Loan
The country's foreign-exchange reserves stood at $16.4 billion as of March 27, enough to cover close to three months of imports.
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China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
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Pakistan Seeks $4.9 Billion More In Loans After Missing Growth Target
The Pakistan government is reportedly planning to borrow USD 4.9 billion from international banks to meet its external financing needs and strengthen its foreign exchange reserves.
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IMF Doubts Cash-Strapped Pakistan Will Be Able To Pay Back Loan
The IMF has said that Pakistan faces major debt-repayment challenges and expressed serious doubts over the cash-strapped country's capacity to repay the global lender, according to a media report on Saturday.
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Pakistan, IMF Reach Agreement Over $1.1 Billion Payment: Report
The International Monetary Fund on Wednesday said it had reached a staff level agreement with Pakistan, which if approved by its board, will disburse $1.1 billion for the indebted South Asian economy also saddled with a balance of payment crisis.
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IMF's Debt Dilemma Looms After Pak Election: Central Bank's Ex Governor
The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the country's debt situation, a former central bank governor of the South Asian nation said.
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Pakistan Receives $700 Million Loan From IMF Amid Economic Crisis: Report
Under crisis, Pakistan has received USD 700 million from the International Monetary Fund (IMF) as part of its ballout programme, Geo News reported quoting State Bank of Pakistan (SBP) governor Jameel Ahmed on Wednesday.
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Pak To Become 4th Largest IMF Borrower After Receiving USD 3 Billion Loan
Debt-trapped Pakistan will become the fourth largest IMF borrower in the world after receiving a fresh loan of USD 3 billion in the next nine months under the standby arrangement reached with the global lender.
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IMF Extends Stalled Bailout Package For Cash-Strapped Pakistan, Loan Now $8 Billion
Cash-strapped Pakistan and the IMF have agreed to extend the stalled bailout package by up to one year and increase the loan size to USD 8 billion, giving a breathing space to the new government led by Prime Minister Shehbaz Sharif.
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World Bank Approves USD 800 Million Loan For Pakistan: Report
The World Bank has approved a loan of USD 800 million to cash-strapped Pakistan, financing schemes on clean energy and human capital development, according to a Pakistani media report on Wednesday.
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IMF Approves $450 Million Loan Tranche For Pakistan
The IMF on Friday praised Pakistan's economic performance and agreed on next steps, paving the way for release of another portion of a $6 billion, three-year loan package.
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Pakistan Received $6.5 Billion Loan From China In July-April: Report
For the first time Pakistan has disclosed that it has taken a total debt of $6.5 billion from China in the current financial year, which is equal to 75 per cent of the total foreign loans of $8.6 billion the cash-strapped country received during the period.
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Pakistan To Get $3 Billion Loan From UAE, Hopes For Deferred Oil Payments
The United Arab Emirates plans to deposit $3 billion in Pakistan's central bank "in the next few days", the UAE state news agency WAM reported.
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China Assures Support As Imran Khan Talks Of "Very Difficult" Economy
China promised to support Pakistan's economy on Friday as new Pakistani Prime Minister Imran Khan told of his country's "very difficult" economic situation amid a burgeoning financial crisis.
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Imran Khan, In Search Of Loans For Pakistan, To Visit China Next Week
New Pakistani Prime Minister Imran Khan will visit China next week and meet President Xi Jinping, Pakistan's foreign ministry said on Thursday, on a trip seen as vital to Islamabad's efforts to obtain fresh loans to prop up the economy.
-
Pakistan Weighs 'All Options' To Repay $3 Billion UAE Loan
The country's foreign-exchange reserves stood at $16.4 billion as of March 27, enough to cover close to three months of imports.
-
China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
-
Pakistan Seeks $4.9 Billion More In Loans After Missing Growth Target
The Pakistan government is reportedly planning to borrow USD 4.9 billion from international banks to meet its external financing needs and strengthen its foreign exchange reserves.
-
IMF Doubts Cash-Strapped Pakistan Will Be Able To Pay Back Loan
The IMF has said that Pakistan faces major debt-repayment challenges and expressed serious doubts over the cash-strapped country's capacity to repay the global lender, according to a media report on Saturday.
-
Pakistan, IMF Reach Agreement Over $1.1 Billion Payment: Report
The International Monetary Fund on Wednesday said it had reached a staff level agreement with Pakistan, which if approved by its board, will disburse $1.1 billion for the indebted South Asian economy also saddled with a balance of payment crisis.
-
IMF's Debt Dilemma Looms After Pak Election: Central Bank's Ex Governor
The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the country's debt situation, a former central bank governor of the South Asian nation said.
-
Pakistan Receives $700 Million Loan From IMF Amid Economic Crisis: Report
Under crisis, Pakistan has received USD 700 million from the International Monetary Fund (IMF) as part of its ballout programme, Geo News reported quoting State Bank of Pakistan (SBP) governor Jameel Ahmed on Wednesday.
-
Pak To Become 4th Largest IMF Borrower After Receiving USD 3 Billion Loan
Debt-trapped Pakistan will become the fourth largest IMF borrower in the world after receiving a fresh loan of USD 3 billion in the next nine months under the standby arrangement reached with the global lender.
-
IMF Extends Stalled Bailout Package For Cash-Strapped Pakistan, Loan Now $8 Billion
Cash-strapped Pakistan and the IMF have agreed to extend the stalled bailout package by up to one year and increase the loan size to USD 8 billion, giving a breathing space to the new government led by Prime Minister Shehbaz Sharif.
-
World Bank Approves USD 800 Million Loan For Pakistan: Report
The World Bank has approved a loan of USD 800 million to cash-strapped Pakistan, financing schemes on clean energy and human capital development, according to a Pakistani media report on Wednesday.
-
IMF Approves $450 Million Loan Tranche For Pakistan
The IMF on Friday praised Pakistan's economic performance and agreed on next steps, paving the way for release of another portion of a $6 billion, three-year loan package.
-
Pakistan Received $6.5 Billion Loan From China In July-April: Report
For the first time Pakistan has disclosed that it has taken a total debt of $6.5 billion from China in the current financial year, which is equal to 75 per cent of the total foreign loans of $8.6 billion the cash-strapped country received during the period.
-
Pakistan To Get $3 Billion Loan From UAE, Hopes For Deferred Oil Payments
The United Arab Emirates plans to deposit $3 billion in Pakistan's central bank "in the next few days", the UAE state news agency WAM reported.
-
China Assures Support As Imran Khan Talks Of "Very Difficult" Economy
China promised to support Pakistan's economy on Friday as new Pakistani Prime Minister Imran Khan told of his country's "very difficult" economic situation amid a burgeoning financial crisis.
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Imran Khan, In Search Of Loans For Pakistan, To Visit China Next Week
New Pakistani Prime Minister Imran Khan will visit China next week and meet President Xi Jinping, Pakistan's foreign ministry said on Thursday, on a trip seen as vital to Islamabad's efforts to obtain fresh loans to prop up the economy.
