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All Stories: loans

Banks battle to shed unsold buyout loans

Banks are whittling down a pile of unsold loans that backed private equity buyouts in the cheap-money era and trying to avoid heavy hits...

Pakistan received $2.23b loans from July-Sep 2022 – EAD report

ISLAMABAD: Pakistan received over $2.23 billion in loans and grants from the beginning of the fiscal year in July till September, the Economic Affairs...

‘Real independence’ not achieved by taking 89% higher loans: Miftah Ismail

Finance Minister Miftah Ismail said on Saturday that it was the Pakistan Tehreek-e-Insaf that signed the agreement to increase petroleum prices and taxes on...

Shaukat Tarin says ‘want to get rid of IMF programme’

KARACHI: Finance Minister Shaukat Tarin has said that they wanted to get rid of International Monetary Fund (IMF) at the earliest, ARY News reported...

Pakistan’s loans surge to $4.6b in first five months of current FY

ISLAMABAD: Foreign loan disbursements surged to $4.69 billion in the past five months (July-November) of the current fiscal year, ARY News reported on Friday,...

Loans of over Rs22bn disbursed among youth: Usman Dar

ISLAMABAD: Special Assistant to the Prime Minister on Youth Affairs Usman Dar said on Sunday the government has so far disbursed soft loans worth...

Employment of 30,000 youth under Kamyab Jawan program completed

ISLAMABAD: Special Assistant to Prime Minister on Youth Affairs Usman Dar announced on Monday that the federal government has completed the employment of 30,000...
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EXPLAINER: What’s in the FY21-22 budget for you and me?

Budgetary jargon that lands far beyond the layman comprehension but that directly or indirectly affects them simplified

Kamyab Pakistan program: ‘Govt prioritised to make weak segment self-sufficient in employment’

PM Imran Khan said that for the first time in Pakistan, a comprehensive strategy has been devised to bring the poor out of poverty.

Incumbent govt paid Rs5700 bn interest on previous loans, shares finance ministry    

An increase of 47 percent in debt payment during the incumbent tenure was due to the previous loans, said the ministry.

Loans acquired to pay previous debts, not for buying properties: Hafeez Shaikh   

The previous government's policy to lower the dollar rate intentionally had hurt the country's economy badly, said the finance minister.

Kamyab Jawan program: PM orders uninterrupted disbursement of loans

PM Imran Khan chaired a review session for Kamyab Jawan programme was launched last year for the socio-economic development of the youth in the country.

Procedure to acquire loans under Kamyab Jawan Program announced

The youngsters will be provided loans between Rs 100,000 to Rs 25 million on easy conditions.

200,000 to 300,000 youth likely to get loans under Youth Entrepreneurship Scheme

'Prime Minister Imran Khan will distribute loan cheques among the successful applicants of the Youth Entrepreneurship Scheme from Sindh on January 27'

Prime reason for limited access to loans is incomplete planning: Shabbar Zaidi

The FBR chairman said that the current figure of industrial and commercial consumers stands at 3.1 million including 43,000 registered as sales taxpayer.

Banks allowed to accept warehouse receipts as collateral for loans

Warehouse Receipt Financing (WHRF) is a mechanism whereby farmers, traders, and processors may avail financing facility from banks while collateralizing their produce and agricultural commodities as security stored in accredited warehouses

KP CM directs to expedite process of providing loans to tribal youth

Chief Minister Khyber Pakhtunkhwa Mahmood Khan has directed the authorities concerned to expedite the process of providing loans to tribal youth under Insaf Rozgar Scheme.

Govt forms high-powered commission to probe loans acquired in last 10 years

The federal government here on Friday formed a high-powered commission, headed by Hussain Asghar, to probe the soaring loans piled up over the past 10 years.

39 out of 222 firms voluntarily return written-off loans

ISLAMABAD: The Supreme Court ruled on Tuesday that it will form a special bench to determine the amount to be paid by companies which...

World Bank offers disaster-hit Indonesia $1 bn in loans

NUSA DUA: The World Bank on Sunday announced funding of up to $1 billion for Indonesia after it was rocked by a string of...
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