The World Bank (WB) on Wednesday approved a budgetary support loan of $397 million for Pakistan, financing schemes on clean energy.
Lauding the release of the loan, Federal Minister for Economic Affairs Omar Ayub said that the WB’s provision of money was commendable, adding that the loan was a testament to the government’s economic reform efforts.
“It is clear that WB and the international community was recognizing Pakistan’s economic reforms,” he added.
SAN FRANCISCO: Cursor, an AI code-generation startup co-founded by Pakistani-born entrepreneur Sualeh Asif, has entered into a landmark $60 billion...
Pakistan has repaid a total of $3.45 billion in deposits to the United Arab Emirates (UAE), the State Bank of...
ISLAMABAD: Pakistan LNG Limited (PLL) has issued its first spot tender for liquefied natural gas (LNG) since December 2023, as...
At the request of Prime Minister Shehbaz Sharif and Field Marshal Syed Asim Munir, US President Donald Trump has announced...
KARACHI: The State Bank of Pakistan (SBP) confirmed on Tuesday that Pakistan has received $1 billion from the Kingdom of...
Ship seizure: Iran has warned of retaliation after the US Navy opened fire on and seized an Iranian cargo vessel...
