Tag: Loan

IMF, WB have 12 ‘labours’ for Pak to be loan-worthy

International Monetary Fund (IMF) and World Bank (WB) have set 12 pre-conditions for introducing reforms in the energy sector in order to release next tranche of loan to Pakistan.

We were talking about Chinese investment, not loan: Asif

Power minister rejects PTI chief’s allegation, clarifies China is aiming at investing $ 34b in power sector in Gaddani Asif says Thar coal will be...

‘Maryam Nawaz holds no control on loan disbursement’

Prime Minister’s Youth Programme spokesperson refutes PTI chief’s allegations on PMYP chairwoman, saying Maryam has no financial or administrative control over any of the...

PM lauds Dar for ‘winning’ WB’s $700m loan

Nawaz says govt working with USAID to organise investors’ conference for Diamer-Bhasha dam Prime Minister Nawaz Sharif has said that the government’s rational economic policies...

Iran cancels loan to Pakistan for gas pipeline project

Iran has cancelled its plan to grant a $500 million loan to Pakistan for building a  part of the pipeline for the Iran-Pak gas...

IDB to extend loan of Euros 750 million, trade facility of...

The Islamic Development Bank (IDB) agreed to extend a loan facility of Euros 750 million to Pakistan, with the release of the first tranche...

SBP’s strategy causes risk-averse banks to exceed Rs 315b farm loan...

Pakistani banks surpassed the agricultural credit disbursement target of Rs 315 billion set by the State Bank of Pakistan (SBP) for the previous fiscal...

Govt should utilise IMF loan properly: PEW

The Pakistan Economy Watch (PEW) on Monday said that securing IMF loan was not a success unless the government ensures proper utilisation of borrowed...

Khurshid Shah for seeking parliament’s approval over IMF loans

    Leader of the Opposition in National Assembly Syed Khurshid Shah has called for obtaining approval of parliament with respect to terms under which the...

Pakistan get $5.3 billion from IMF, seeks another $2b

    The International Monetary Fund (IMF) on Thursday agreed to provide Pakistan with a three-year loan worth $5.3 billion to help boost the declining economy,...

Dreamed $7b in doldrums, IMF moves draft on revenue generation

  As five rounds of technical side of Pakistan-International Monetary Fund (IMF) talks concluded on Thursday, the IMF delegation forwarded a draft of recent Pakistani...

Pakistan repays $145.7 million to IMF

Pakistan on Monday paid $145.7 million to the International Monetary Fund (IMF) as the ninth repayment installment against the loan obtained under the standby...

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...

ADB approves $245m to improve Pakistan’s power distribution

The Asian Development Bank (ADB) approved a loan of $245 million (Tranche 3) for the eight distribution companies to improve power distribution system in...

IMF ‘ready’ for Pakistan loan bid

The International Monetary Fund (IMF) would be “very happy” to sit down with Pakistan’s leaders if they sought a new multibillion-dollar loan, Masood Ahmed,...

Bangladesh asks World Bank to review cancelled loan

Bangladesh has asked the World Bank to review its decision to cancel a $1.2 billion loan for a major road and rail bridge, saying...

Pakistan to get $1.10b under CSF within two days

The United States is going to release the first installment of the coalition support fund (CSF), frozen for 14 months, within the next two...