Tag: Fund

Dollar touches Rs108.00 vs PKR in Kerb market

  by ARSHAD HUSSAIN The US Greenback once again rose against the local currency (PKR) in the open currency market on Friday and touched Rs 108.00 mark...

IMF Middle East and Central Asia director to retire from Fund

Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Masood Ahmed has notified IMF Managing Director Christine Lagarde...

Al-Ameen UBL Fund grew by 414% in three years, says UBL...

The most popular and the fastest growing Fund of the UBL is ‘Al-Ameen’ which has grown by around 414 per cent, while total Islamic...

Pak-China friendship to usher progress in GB, says PM

Sharif inaugurates Pak-China Friendship Tunnel over Attabad Lake, regrets funds not spent transparently in the past in regional development Says security personnel will be deployed on KKH from Gilgit to Mansehra for people’s protection

CM’s IDPs fund awaiting funds

  Punjab Chief Minister Muhammad Shahbaz Sharif has said the Punjab government has set up Chief Minister's Relief Fund for IDPs with a sum of...

Egypt’s Mursi to meet IMF aide on $4.8 billion loan request

A senior official in the International Monetary Fund (IMF) will meet Egyptian President and other top officials on Monday to discuss Cairo’s request for...

IMF extends zero interest rates on poorer-country loans

International Monetary Fund (IMF)has approved a two-year extension to the zero interest rates charged on loans to low-income countries. The extension is part of a...

Pakistan welcomes $700 million CSF reimbursement

Pakistan has welcomed Pentagon’s notification to US congress of reimbursing around $700 million of Coalition Support Fund (CSF) to Pakistan. “We welcome the decision...

Importers pushed towards forward booking dollar at Rs 101!

The value of the rupee is touching the lowest ebb against the dollar in the history of Pakistan, apparently, because of the country’s fast...

Pakistan to receive $600 mln under CSF this month: Hafeez Shaikh

Federal Finance Minister Hafeez Shaikh has said on Tuesday that the country will receive $600 million from the United States under the Coalition Support...

Punjab govt to fund students up to their Master’s Degree

The Punjab government has announced to give scholarships to brilliant students under the Punjab Educational Endowment Fund (PEEF) and to support them until the...

ADB, OFID sign risk-sharing agreement

Asian Development Bank (ADB) and the OPEC Fund for International Development (OFID) signed a risk distribution agreement to support trade in emerging Asian countries,...

IMF says pace of Irish austerity remains appropriate

The IMF, one of a trio of lenders overseeing Ireland's 85 billion euro bailout, said it was restating its position in response to media...

US war reimbursements keep Pakistan’s external account in check

The country’s current account balance after braving a whole year of deficits in FY12 is moving ahead in the green zone marking a $...

IMF slashes global growth forecast

The International Monetary Fund has cut its global growth forecasts for this year and 2013 and called on politicians in the eurozone and the...

PTI to launch “Save Pakistan Fund”

Pakistan Tehreek-i-Insaf (PTI) has decided to launch “Save Pakistan Fund” campaign to support its candidates for next elections who have not sufficient resources to...

Like any other day at the office…

In order to move beyond the crisis in the eurozone and restore confidence in the global recovery, policymakers should implement agreed decisions that will...