Tag: Loans
AIIB approves loans for projects in Pakistan, Bangladesh, Indonesia, Tajikistan
The Asian Infrastructure Investment Bank (AIIB) has approved a $ 100 million loan for Pakistan.
The bank’s board of directors Friday approved its first four...
Opp says govt’s begging spree a danger to country’s sovereignty
Treasury benches reject opposition’s concerns
Incidents of burning of women and the clash between Hafiz Hamdullah and Marvi Sirmed also discussed in the House
Opposition legislators...
Punjab govt to make interest-free loans accessible to all: minister
Provincial Minister for Finance Dr. Ayesha Ghaus Pasha has said that the Punjab government is introducing several programmes which will raise the living standards...
Commission demanded to probe written-off loans in Pakistan
The State Bank of Pakistan (SBP) requested the apex court to set up a commission to primarily probe into the loans written off by...
Govt sought $1b loans for BISP cash grants
A shocking disclosure was made before the Senate Standing Committee on Finance on Tuesday when it was informed that the governments has taken $1...
Govt enslaving people by borrowing money from foreign countries: Imran
Pakistan Tehreek-e-Insaf (PTI) Chief Imran Khan on Monday stated that the government is enslaving people ofPakistan by borrowing money from foreign countries.
Talking to media...
More loans for the power sector
Pak-Kuwait Additional Loan Agreement for Neelum-Jhelum Hydropower Project signed
The Pak-Kuwait Additional Loan Agreement of US$ 32 million for Neelum Jhelum Hydropower Project was signed...
PM approves interest-free loans worth Rs 3.5b
As many as 50 percent of loan beneficiaries would be women while the disbursement of interest-free loans would start in the third week of...
PBM launches economic revival project for poor citizen
The Pakistan Bait-ul-Mall (PBM) on Wednesday launched Economic Revival Project for the poor citizens of the country to extend their financial assistance from Rs10,000...
No one, including subordinate judiciary, is sacred cow: CJP
Chief Justice Iftikhar Muhammad Chaudhry on Monday said every institution in the country was immersed in corruption and no one, including the subordinate judiciary,...
Punjab govt to lend soft term loans to workers, labourers
Punjab Minister for Labour and Manpower Raja Ashfaq Sarwar has said that the Punjab government was giving soft term small loans of Rs 10,000...
Govt to grant loans of up to Rs 2m to youth...
Finance Minister Senator Ishaq Dar on Friday said that in the budget for 2013-14, a scheme enabling the youth to start their own businesses...
PPP govt made nation’s future bleak through massive borrowing: Nawaz
The PPP government has turned the future of Pakistanis bleak by acquiring record high loans running into over a trillion rupees, PML-N President Nawaz...
Pakistan defaults on Rs 6b rebate to banks’ overseas partners
Worker remittances, the sole strength of the dollar-hungry Pakistan’s Balance of Payment (BoP), is also facing a risk of decline in the days ahead...
Pakistan’s loans cannot be written off or restructured: IMF
International Monitory Fund (IMF) mission in Pakistan chief Jeffrey Frank said the IMF cannot write off or restructure Pakistan’s loan.
While speaking to the media,...
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...
BoP disburses outstanding loans of Rs 73 billion
The Bank of Punjab has disbursed outstanding loans of Rs 73 billion which amounted to Rs 10 billion four years ago, Parliamentary Secretary for...
