IMF approves $1.32b financing for Pakistan
The Executive Board of International Monetary Fund has approved one point three-two billion dollars financing for Pakistan under its Extended ...
Tag: Pakistan
5.2-magnitude earthquake jolts Islamabad, Pindi
ISLAMABAD: Mild tremors were felt in Islamabad and Rawalpindi on Monday after a 5.2-magnitude earthquake struck the region. According to ...
Pakistan repays $3.45bn to UAE, confirms central bank
Pakistan has repaid a total of $3.45 billion in deposits to the United Arab Emirates (UAE), the State Bank of ...
Pakistan seeks three spot LNG cargoes in first tender since Dec 2023
ISLAMABAD: Pakistan LNG Limited (PLL) has issued its first spot tender for liquefied natural gas (LNG) since December 2023, as ...
2 Pakistani astronauts selected as candidates for China’s space programme
China has selected two Pakistani astronauts as candidates for its manned space programme, marking a major milestone in bilateral cooperation, ...
US extends ceasefire with Iran at Pakistan’s request
At the request of Prime Minister Shehbaz Sharif and Field Marshal Syed Asim Munir, US President Donald Trump has announced ...
Pakistan receives $1bn from Saudi Arabia as second tranche of $3bn deposit
KARACHI: The State Bank of Pakistan (SBP) confirmed on Tuesday that Pakistan has received $1 billion from the Kingdom of ...
Tehran vows retaliation after US seizes Iran-flagged vessel defying blockade
Ship seizure: Iran has warned of retaliation after the US Navy opened fire on and seized an Iranian cargo vessel ...
Saudi Arabia pledges $3bn fresh deposit, extends $5bn facility through 2028
WASHINGTON: Saudi Arabia has pledged an additional $3 billion in deposits for Pakistan and extended its existing $5 billion facility ...
Fitch affirms Pakistan’s credit rating at ‘B-’
ISLAMABAD: Fitch Ratings has affirmed Pakistan’s long-term foreign currency Issuer Default Rating (IDR) at ‘B-’ with a stable outlook, citing ...