Dar says China has rolled over $2.4bn loan for two years
The Export-Import Bank of China (EXIM) has rolled over $2.4 billion to Pakistan, a sigh of relief for the outgoing Pakistan Democratic Movement-led government as…
Business
China defers $2.1b debt payment to Pakistan for two years
China has approved the deferment of a loan of $2.1 billion to Pakistan for two years. China Exim Bank has approved extending Pakistan’s $2.1 billion…
SBP allowed money changers to bring dollars from abroad
The State Bank of Pakistan has allowed money changers to bring dollars in cash from outside the country in an effort to improve the supply…
Pakistan signs framework agreement with Azerbaijan for LNG procurement
Pakistan on Monday inked a framework agreement with Azerbaijan for Liquified Natural Gas (LNG) procurement on flexible terms. The agreement signed between Pakistan LNG Limited…
Govt plans to jack up gas price by over 45% amid IMF’s demand
After an increase in electricity rates, the government of Pakistan is planning to jack up gas price by over 45 per cent in line with…
Govt decides to increase power tariff by up to Rs7.50 per unit
In a late-night move, the federal cabinet approved a massive hike in electricity base tariff through circulation summary as Pakistan is moving ahead to meet…
Dealers defer nationwide petrol pumps shutdown for two days
The Pakistan Petroleum Dealers Association (PPDA) has deferred strike to shut fuel pumps across the country for two days. The development came after the association…
Pakistan total liquid foreign reserves increases to $14.06 billion
Finance Minister Mohammad Ishaq Dar Friday announced that total liquid foreign reserves of the country have increased to $14.06 billion. In a tweet, the minister…
Dar assures transparency and accountability in IMF agreement
Finance Minister Ishaq Dar Friday reiterated his commitment to transparency and accountability in financial matters, particularly concerning the Extended Fund Facility (EFF) agreement with the…
Ishaq Dar vows to fulfill all Int’l obligations within stipulated time
Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar has reiterated government’s commitment to fulfill all the international obligations within the stipulated time. Ishaq…