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Tag: Asian Infrastructure Investment Bank

Business
  • Web Desk Karachi
  • May 29, 2025
AIIB moves towards closer capital market presence with Hong Kong, Singapore offices

The multilateral lender, which had more than $57 billion in assets at the end of last year, is currently negotiating with relevant parties in the cities to open the offices.

Pakistan Business Summit
Pakistan
  • Reuters
  • Apr 26, 2025
Pakistan requests extra 10b yuan on China swap line: Aurangzeb

“From our perspective, getting to 40 billion renminbi would be a good place to move towards … we just put in that request.”

Business
  • Web Desk Karachi
  • Feb 19, 2025
Pakistan receives $5.585 billion in funding, including IMF, in first seven months

The EAD data also revealed that the government had budgeted for $9 billion in time deposits, including $5 billion from the Kingdom of Saudi Arabia (KSA) and $4 billion from SAFE China, for the current fiscal year. Nevertheless, no funds were received under this head during the first seven months of the year.

foreign exchange reserves Pakistan
Business
  • Web Desk
  • Dec 13, 2023
Pakistan seeks $4.5 billion boost from global sources, excluding IMF

Caretaker Federal Minister for Finance, Revenue, and Economic Affairs, Dr Shamshad Akhtar, has disclosed that Pakistan aims to secure approximately $4.5 billion from both multilateral and bilateral sources, excluding the International Monetary Fund (IMF), in the ongoing fiscal year 2023–24.

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