Tag: Loans

80,000 interest free loans to be distributed among needy every month,...

Special Assistant to the Prime Minister on Social Protection and Poverty Alleviation, Dr. Sania Nishtar on Saturday said 80,000 interest-free loans would be given...

PTI govt has failed to deliver, maintains PML-N

--Abbasi claims govt took record loans in first five months --Exports declining despite rising dollar price, Miftah points out   ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) leaders on...

China says it supports IMF assistance to Pakistan

BEIJING: China on Monday said that it supported the International Monetary Fund (IMF) in carrying out an objective and professional evaluation of Pakistan’s financial...

Asad Umar asks US to focus on paying off own debt...

--Probable finance minister says Pakistan will approach IMF or friendly countries, or sell bonds to expats to raise $10-12bn within next six weeks   Pakistan Tehreek-e-Insaf...

‘Totally wrong’ to link IMF bailout with CPEC, Pakistan tells US

--Finance Ministry says Pakistan committed to 'undertaking and completing CPEC projects in totality' --Ex-FM Miftah Ismail says loans from China to be repaid in 30 years...

PML-N govt took record loans that will take generations to pay,...

Sirajul Haq demands Rs500 billion for Karachi’s development ISLAMABAD: Senate Standing Committee on Finance on Wednesday was informed that the current Pakistan Muslim League-Nawaz...

CJP vows to get money back from those who had loans...

ISLAMABAD: Chief Justice of Pakistan (CJP) Mian Saqib Nisar said on Thursday that he would penalise and retrieve money from those who got their loans written...

PML-N not involved in loan write-offs: Sanaullah

  LAHORE: Punjab Law Minister Rana Sana-ullah on Friday denied the government’s involvement in the matter of writing loans off. The Pakistan Tehreek-e-Insaff (PTI) has alleged...

SBP never refused to furnish information about written off loans to...

  State Bank has never refused to furnish information about written off loans of banks to the parliament. In fact, this information is always available...

ICST demands probe in cancellation, suspension of critical loans

Islamabad Chamber of Small Traders (ICST)  said on Sunday that the cancellation and suspension of critical loans by international lenders should be probed. The Asian Development...

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...

Country cannot be run with foreign loans and assistance of Qatari...

Opposition leader in National Assembly (NA) Khurshid Shah said the nation relying on loans weakens and the country cannot be run with loans and...

FPCCI calls for easy access of finances to SMEs

Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Senior Vice President Shaikh Khalid Tawab has expressed his concerns over the insignificant and low...

No Information can be withheld from parliament: Senate’s Chairman Rabbani

Senate Chairman Mian Raza Rabbani in his ruling, with regard to a written reply, has said that no person, organisation, body, authority or government...

SPB rejects allegations of impropriety in loan write-offs

    The State Bank of Pakistan (SBP) has clarified that the reports which appeared in some sections of the press on July 23 regarding loans...

Govt’s borrowing shifts from SBP to commercial banks

  The federal government has increased the budgetary borrowings from the scheduled banks in the current fiscal year 2015-16 to improve its credentials before the...