Pakistan seeks its 24th medium-term IMF bailout, aiming for permanent structural reforms. The agreement unlocks $1.1 billion, focusing on f...

Certain financial analysts are contemplating the potential integration of demonetization for higher-value notes, like the Rs 5,000, as a co...

Cash-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...

The ADB approved a financing package for Pakistan under three different loans. Among other components, these include USD 300 million for im...

Pakistan and the UAE have signed Memorandums of Understanding (MoUs) involving investment in various sectors, including energy, port operat...

In a recent development, Pakistan has reportedly earned USD 364 million in an arms deal with two private US companies, "Global Military" an...

Naveed Ashraf was commissioned in the Operations Branch of the Pakistan Navy in 1989. He is a graduate of the National Defence University I...

IMF Managing Director Kristalina Georgieva has urged Pakistan to increase taxes on the wealthy and protect the poor in order to revitalize ...

Pakistan 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 Joe Biden has proposed to double the economic support fund to cash-strapped Pakistan to USD 82 million for fiscal 2024 to help...

"Both sides expressed satisfaction at the existing bilateral cooperation in the field of defence and noted that the elevation of staff-leve...

The unusual gift for a visiting foreign dignitary was presented to Mohammad during his first official visit to Islamabad.

Pakistan Hockey Federation had sought a loan from the PCB to send the team to Bhubaneswar and clear the outstanding dues of players.

The decision was taken by PM Imran Khan who had in the past opposed such measures to support the economy.

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...

Cash-strapped Pakistan will receive a rescue package worth at least 7.6 billion dollars from the International Monetary Fund, a top governm...

Saudi Arabia has reportedly agreed to bail out cash-strapped Pakistan with 'substantial oil supply' on deferred payment and cash assistance.