China extends a loan refund of $ 2 billion for Pakistan by one year Blogging Sole

China extends a loan refund of $ 2 billion for Pakistan by one year

 Blogging Sole

China extended the repayment period for a loan of $ 2 billion in Pakistan by one year, providing crucial financial relief to the country, the Ministry of Finance confirmed on Saturday. The loan was initially the reimbursement on March 24, but China agreed to postpone it to support the efforts of economic stability and collection … Read more

Pakistan is expected to pass the first 7 billion dollars review of IMF loan: report Blogging Sole

Pakistan is expected to pass the first 7 billion dollars review of IMF loan: report

 Blogging Sole

A man passes in front of the logo of the International Monetary Fund (IMF) at his head office in Washington, United States, May 10, 2018. – Reuters Pakistan approves new tax measures, privatization efforts for the IMF. The government aims for economic growth after reaching stability. Pakistan is expected to receive $ 1 billion as … Read more

Pakistan grants $1 billion loan to two Middle East banks: FinMin Aurangzeb Blogging Sole

Pakistan grants  billion loan to two Middle East banks: FinMin Aurangzeb

 Blogging Sole

Finance Minister Muhammad Aurangzeb speaks during an interview with Reuters at his office in Islamabad, Pakistan, July 19, 2024. — Reuters/File Pakistan signs term sheets, one bilateral, one for trade: FinMin. The first evaluation of the EFF is scheduled for the end of February, says Aurangzeb. The minister invites global players to invest in priority … Read more

UAE confirms refinancing of $2 billion loan to Pakistan (SBP) Blogging Sole

UAE confirms refinancing of  billion loan to Pakistan (SBP)

 Blogging Sole

A currency dealer counts US dollars at a store in Karachi. — AFP/File Deposits placed with the SBP matured in January 2025. Prime Minister Shehbaz confirmed the postponement during Tuesday’s meeting. Foreign exchange reserves amount to $16,450.9 million. The United Arab Emirates (UAE) has confirmed the refinancing of its two deposits of $1 billion each, … Read more