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PM Lays Foundation Stone for National University of Technology in Islamabad
Prime Minister Shehbaz Sharif lay the foundation stone for the National University of Technology's main campus in Islamabad on Friday....
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IDB president assures PM of continued financial support to Pakistan
Dr. Sulaiman Al Jasser, President of the Islamic Development Bank (IDB), assured Prime Minister Shehbaz Sharif on Thursday of the...
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PM Shehbaz says ‘power to be handed over to caretaker set-up in August’
Prime Minister Shehbaz Sharif declared today in his address to the nation that the current government will give over power...
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IMF deposits $1.2 billion into SBP’s account: Ishaq Dar
The International Monetary Fund (IMF) has deposited $1.2 billion into the State Bank of Pakistan's (SBP) account, bolstering the cash-strapped...
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IMF approves $3bn loan for Pakistan
After signing a staff-level agreement last month, the International Monetary Fund approved a $3 billion loan for Pakistan. According to...
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PM Shehbaz Announces End of Current Govt’s Tenure on August 14
Prime Minister Shehbaz Sharif announced on Wednesday that the coalition government's tenure will conclude on August 14, dismissing election rumors....
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IMF board scheduled to consider Pakistan’s bailout deal today
Today (Wednesday), the International Monetary Fund (IMF) Executive Board will meet to evaluate the $3 billion stand-by agreement with Pakistan...
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IMF Greenlights Pakistan’s Plan to Address US$ 8.2 Billion Financing Gap
“Pakistan’s external financing target has now been set between the finance ministry and the IMF thus setting aside the threat...
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Pakistan Secures $2 Billion from Saudi Arabia, Pivotal for IMF Loan Approval
Pakistan has received $2 billion from Saudi Arabia, Finance Minister Ishaq Dar announced Tuesday, a major development for the cash-bleeding...
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Fitch Boosts Pakistan’s Currency Issuer Default Rating Amid Enhanced External Financing
Fitch Ratings has raised Pakistan's long-term foreign-currency issuer default rating (IDR) to 'CCC' from 'CCC-' due to improved external liquidity...
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