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UAE IMF SUPPORT
AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...- India's exports hit record USD 863 bn despite global turmoil; on track for USD 2 trillion target by 2030: Piyush GoyalIndia's exports touched a record USD 863 billion in FY26 despite global geopolitical tensions and disruptions in international trade, Comme...
- W.O.R.R is the worry. A four-way assault pummells Indian macroIndia faces a rare convergence of four macro shocks—war-driven oil surge, a record weak rupee, and a likely poor monsoon—raising inflation ...
- UAE asks US for a wartime financial lifeline as Iran conflict drags: ReportThe United Arab Emirates is in discussions with the United States regarding a potential financial backstop. This measure is being considere...
- Pakistan to repay USD 1.5 billion outstanding UAE debt by April 23Pakistan's central bank plans to settle a USD 1.5 billion loan with the United Arab Emirates by April 23. This move follows a USD 2 billion...
- India resilient amid oil shock, may grow 6.8%-7.1% despite global headwinds: SBI ResearchIndia faces global challenges from a strong position. Economic growth is projected between 6.8% and 7.1% for FY27. The nation's banking sec...
- For a few billion dollars, Pakistan has landed in dire straitsPakistan is facing big economic stress after the UAE has demanded repayment of a multibillion-dollar deposit. This has strained the country...
- 'Dubai may become part of Akhand Bharat': Pakistan Senator Mushahid Hussain after UAE demands $3.5 billion loan repaymentPakistan Senator Mushahid Hussain has cautioned the United Arab Emirates. He warned about the UAE's growing relationship with India. Hussai...
- 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...
- China rolls over $600 mln loan to PakistanThis was in addition to over $5 billion in loans that longtime ally China has rolled over for Pakistan in the last three months, Sharif sai...
- IMF seeks more Pak assurances before releasing bailout packageThe recent developments are a key step forward in signing a much-delayed staff-level agreement (SLA) with the Fund and unlocking multilater...
- Pakistan Army chief played role in securing funds from Saudi & UAE to fulfill IMF pre-conditions: PM Shehbaz SharifThe funds are part of a USD 6.5 billion bailout package the IMF approved in 2019, which analysts say is critical if Pakistan is to avoid de...
- UAE confirms to IMF support of dollar 1 billion to Pakistan: Pak finance minister"State Bank of Pakistan is now engaged for needful documentation for taking the said deposit from UAE authorities," Pakistan Finance Minist...
- Pakistan Army chief Gen Bajwa reaches out to UAE, Saudi Arabia for crucial bailout packageAs the Executive Board of the International Monetary Fund is set to meet later this month to formally approve the next tranche of USD 1.2 b...
- UAE central bank extends stimulus scheme to stem COVID-19 impactThe UAE economy is expected to shrink by 6.6% this year, the International Monetary Fund (IMF) has estimated, as vital sectors such as tran...
- Pakistan fails to secure USD 3.2 billion UAE oil facility: ReportThe UAE has already transferred USD 2 billion cash into the coffers of the State Bank of Pakistan (SBP) and another USD 1 billion was expec...
- Pakistan not approaching IMF for new bailout programme: Pak FMCash-strapped Pakistan is negotiating a USD 8 billion bailout package from the IMF to overcome a severe balance-of-payments crisis that thr...
- UAE Prince Sheikh Mohammed to visit Pakistan, likely to announce USD 6.2 billion aidThe UAE government's financial assistance comes as Pakistan is negotiating a USD 8 billion bailout package from the IMF to overcome a BOP c...
- UAE to provide $3 bn to Pakistan to overcome financial crunchesThe announcement comes as Pakistan is negotiating a USD 8 billion from the International Monetary Fund (IMF) to bail itself out from a seve...
- UAE free trade zone opens office in Pakistan to support investmentAjman Free Zone's new office is part of its global expansion plan and follows opening of offices in India, Dubai and the UK.
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