Tag: Loan
Carroll won’t be leaving on loan says Rodgers
Liverpool manager Brendan Rodgers insists Andy Carroll will not be allowed to leave Anfield on loan, but he won't rule out selling the England...
China doubles loans to Africa to $20 billion
President Hu Jintao said Thursday China would offer $20 billion in new loans to Africa, as he delivered a speech to a Beijing forum...
ECB loans to Spain banks leap to record: central bank
European Central Bank loans to Spain's battered banks shot up 17.2 percent to a record 337.2 billion euros ($411 billion) in June, the Bank...
Flabbergasted!
Bangladesh on Saturday called a World Bank decision to cancel a $1.2-billion loan to build the nation’s biggest bridge — aimed at transforming the...
China approves loan for Neelum-Jhelum project
The Export-Import Bank of China has approved a US$448M loan to fund construction of the 969MW Neelum-Jhelum hydropower project in Pakistan.
According to newswire reports,...
IMF doubts Pakistan’s capacity to repay loans
The Pakistan Economy Watch (PEW) on Sunday said it would be difficult for Pakistan to secure another bailout package from the IMF to avoid...
Senate okays loan for restoration of rail engines
Economic Coordination Committee (ECC) of the Cabinet Tuesday gave go-ahead to provide guarantee for loan worth Rs 6.1 billion to be spent on the...
Pakistan, ADB sign $ 513 million loan agreements
Pakistan and the Asian Development Bank (ADB) on Wednesday signed two loan agreements of $513 million, which will be utilised for the construction of...
Saudi Arabia to provide $172m soft loan
Pakistan and Saudi Arabia on Thursday signed two agreements worth $172 million soft term loans for constructing infrastructure in Malakand region and importing urea...
Bank loans to growth-oriented private sector plunge by alarming 87pc
Prospect for economic growth in the economically-troubled country seems to be bleak as banks’ advances to growth-oriented private sector are nose-diving as low as...
Govt fails to tap budgeted foreign inflows, may end up...
The State Bank of Pakistan (SBP) is faced with a dilemma due to the government’s failure to tap budgeted foreign inflows and half-baked efforts...
$243 million loan sought from ADB for power sector
To increase transmission capacity and reliable power supply, Pakistan has approached the Asian Development Bank (ADB) for the release of third tranche of $243...
Structural weaknesses
The bloating current account, the relaxing monetary policy and the rising import bill all combine to pressure the rupee further against the dollar, stoking...
Non-performing loans swell by 24pc
President, Khyber Pakhtunkhwa Chamber of Commerce and Industry (KPCCI), Afan Aziz commented on recent report of State Bank of Pakistan, (SBP), indicating that Non-performing...
Pakistan declines IMF’s offer of new loan package
In a major development, Pakistan has declined a new bailout package offer by the International Monetary Fund (IMF), saying the country had sufficient foreign...
Government trying to get $ 3.5b loan from IMF
In an attempt to steer Pakistan out of the capital crunch, the government is striving hard to convince International Monetary Fund (IMF) for a...
Budgetary loans make banks’ NDAs cross Rs100 billion
The massive budgetary borrowings by the cash strapped federal and provincial governments from the commercial banks have increased the latter’s Net Domestic Assets (NDAs)...
