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CASH STRAPPED PAKISTAN
West Asia ceasefire: Background story of how Pakistan brokered a truce between Trump & IranPakistan has emerged as a key intermediary between Iran and the United States to secure a temporary ceasefire and host negotiations to end ...- IMF doubts cash-strapped Pak's repayment capacityIMF expresses doubts on Pakistan's debt repayment capacity, citing risks from policy delays, high debt, and low reserves. Washington-based ...
- Cash-strapped Pakistan makes formal request to IMF for another bailoutPakistan has formally requested a new bailout package from the International Monetary Fund (IMF), ranging between USD 6 to USD 8 billion. T...
- Cash-strapped Pakistan seeking 24th bailout, IMF confirmsPakistan seeks its 24th medium-term IMF bailout, aiming for permanent structural reforms. The agreement unlocks $1.1 billion, focusing on f...
- Demonetisation in cash-strapped Pakistan? State Bank of Pakistan to release new notesCertain financial analysts are contemplating the potential integration of demonetization for higher-value notes, like the Rs 5,000, as a co...
- Cash-strapped Pakistan seeks $2 billion loan from ChinaCash-strapped Pakistan has requested $2 billion in financial aid from China for a year, seeking to roll over the debt as the deposit time f...
- Cash-strapped Pakistan secures USD 655 ADB packageThe ADB approved a financing package for Pakistan under three different loans. Among other components, these include USD 300 million for im...
- UAE likely to invest between USD 20-25 billion in cash-strapped Pakistan: ReportPakistan and the UAE have signed Memorandums of Understanding (MoUs) involving investment in various sectors, including energy, port operat...
- Cash-strapped Pakistan sold weapons worth USD 364 million to Ukraine: ReportIn a recent development, Pakistan has reportedly earned USD 364 million in an arms deal with two private US companies, "Global Military" an...
- Pakistan appoints Vice Admiral Naveed Ashraf as new naval chiefNaveed Ashraf was commissioned in the Operations Branch of the Pakistan Navy in 1989. He is a graduate of the National Defence University I...
- IMF chief Georgieva tells cash-strapped Pakistan to 'tax the rich, protect the poor'IMF Managing Director Kristalina Georgieva has urged Pakistan to increase taxes on the wealthy and protect the poor in order to revitalize ...
- Pakistan leases out iconic Roosevelt Hotel in New York to NYC Administration for three years; aims to generate$220 millionPakistan has leased the Roosevelt Hotel, in New York, for three years to the city administration at a cost of $220m, which will provide acc...
- US President Biden proposes to double economic support fund to cash-strapped PakistanUS President Joe Biden has proposed to double the economic support fund to cash-strapped Pakistan to USD 82 million for fiscal 2024 to help...
- Cash-strapped Pakistan offers USD 50 million new credit line to Sri Lanka to boost defence cooperation"Both sides expressed satisfaction at the existing bilateral cooperation in the field of defence and noted that the elevation of staff-leve...
- Cash-strapped Pakistan gifts gold-plated submachine gun to Saudi Crown PrinceThe unusual gift for a visiting foreign dignitary was presented to Mohammad during his first official visit to Islamabad.
- Cash-strapped Pakistan's Hockey World Cup participation in doubtPakistan Hockey Federation had sought a loan from the PCB to send the team to Bhubaneswar and clear the outstanding dues of players.
- Cash-strapped Pakistan to approach IMF for bailout packageThe decision was taken by PM Imran Khan who had in the past opposed such measures to support the economy.
- Cash-strapped Pakistan eying IMF bailout?In October 2016, Pakistan had USD 18.9 billion reserves that were enough to provide import cover for four and a half months. But those rese...
- Pakistan to get at least 7.6 billion dollars from IMF: Govt officialCash-strapped Pakistan will receive a rescue package worth at least 7.6 billion dollars from the International Monetary Fund, a top governm...
- Saudi Arabia agrees to bail out cash-trapped PakSaudi Arabia has reportedly agreed to bail out cash-strapped Pakistan with 'substantial oil supply' on deferred payment and cash assistance.
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