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All Stories: loan

Khyber Pakhtunkhwa govt to launch youth business loan scheme

PESHAWAR: Adviser to Chief Minister Khyber Pakhtunkhwa (KP) on Tourism, Culture, Archaeology, and Museums Zahid Chanzeb said that youth residing in tourist regions will...

CM Punjab announces interest-free business loan scheme

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif directed the authorities to take measures for the grant of interest-free loans to boost commercial activities and...

ADB to provide $86.2mln to Pakistan for sustainable aviation fuel plant

The Asian Development Bank (ADB) has okayed a loan of $8.62 million to Pakistan as part of a developmental financing package, according to an...

Pakistan to get $3 bln loan from Islamic Trade Financing Corporation

Islamic Trade Financing Corporation (ITFC) to provide Pakistan with a $3 billion loan, according to an official statement released on Thursday. The announcement came following...

ADB to provide $2bn annually to Pakistan

Asian Development Bank (ADB) will provide 2 billion dollars in annual assistance to Pakistan over the next three years. This was stated by President ADB...

Pakistan, ADB sign loan program worth $250m

ISLAMABAD: Pakistan and the Asian Development Bank (ADB) on Friday signed an agreement worth $250 million policy-based loan. Secretary Ministry of Economic Affairs Dr Kazim...

Punjab gets $150 million loan from World Bank

The World Bank has approved $150 million loan to improve education facilities in Pakistan's Punjab province. The project is expected to directly benefit approximately 5...

IMF releases official statement after loan talks with Pakistan

The International Monetary Fund (IMF) has released an official statement following discussions with Pakistan. The statement confirms that Islamabad has formally requested a new...

IMF, Pakistan likely to conclude talks today for $1.1bn tranche

ISLAMABAD: The International Monetary Fund (IMF) mission and Pakistan's economic team are likely to conclude the second review negotiations for the release of the...

China rolls over $2 billion loan to Pakistan, says finance minister

China has rolled over a $2 billion loan to Pakistan, caretaker finance minister Shamshad Akhtar confirmed on Thursday. The $2 billion loan was due in...

UAE likely to rollover $2 billion loan to Pakistan: sources

DUBAI: The United Arab Emirates (UAE) is expected to roll over a $2 billion loan to Pakistan for one year, ARY News reported citing...

IMF board likely to approve $700mln loan for Pakistan today

The International Monetary Fund (IMF) executive board is likely to approve the first review of Pakistan’s $ 3 billion stand-by arrangement (SBA) today (Thursday),...

Couple commit suicide after killing 3 daughters over ‘loan repayment’

FAISALABAD:  In a shocking incident, a Faisalabad couple committed suicide after killing their daughters in Faisalabad over loan repayment, ARY News reported Friday. According to...

Pakistan borrowed $3.81 bln in first 4 months of FY23-24

ISLAMABAD: Pakistan borrowed $3.81 billion in the first months of FY2023-24, ARY News reported quoting the Economic Affairs division report.  The report stated that Pakistan's...

ADB okays $250mn loan for Pakistan

The Asian Development Bank (ADB) has okayed $250 million in loans to improve and expand the power transmission network in Pakistan.

IMF team to visit Pakistan for review talks on Nov 2

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have agreed to begin talks from Nov 2 for the release of the $710 million second...

China rolls over another $600m Pakistan loan: PM Shehbaz Sharif

ISLAMABAD: Prime Minister Shehbaz Sharif said on Tuesday that China has rolled over a $600 million loan to Pakistan, helping shore up the country’s...

IMF approves $3bn loan for Pakistan

The International Monetary Fund (IMF) has approved a $3 billion loan for Pakistan after signing the staff-level agreement last month, ARY News reported. As per...

SBP receives $500mln from Chinese bank

ISLAMABAD: Finance Minister Senator Ishaq Dar on Friday said that the State Bank of Pakistan (SBP) received $500 million from Chinese Bank ICBC, ARY...

China rolls over $700m loan to Pakistan: sources   

ISLAMABAD: China has rolled over their deposit of $700 million with the State Bank of Pakistan (SBP) on the existing terms as Islamabad’s foreign...
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