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Tag: Financial Support

IMF and Pakistan
Latest
  • WEB DESK
  • August 20, 2024
IMF Executive Board delays Pakistan’s $7 billion bailout approval

The final approval of Pakistan’s eagerly awaited $7 billion bailout package from the International Monetary Fund (IMF) remains uncertain.

IMF and Pakistan
Latest
  • WEB DESK
  • May 23, 2024
Initial Pakistan-IMF loan discussions to end tomorrow

Pakistan and the International Monetary Fund (IMF) will conclude their initial two-week discussions for a new loan on Friday.

currency in circulation
Latest
  • WEB DESK
  • November 7, 2023
Pay raise approved: govt employees set to receive increased salaries

After receiving approval from President Arif Alvi, the federal government has raised the minimum wages for employees amidst rising inflation.

World Bank
Latest
  • WEB DESK
  • October 17, 2023
World Bank to provide financial support for Pakistan’s energy sector

In a significant development, the World Bank has announced its commitment to extending financial support to Pakistan, earmarking a substantial sum of $150 million for the nation.

remittances
Latest
  • WEB DESK
  • October 10, 2023
Pakistan receives $2.2 billion in September remittances

In September 2023, Pakistan received a substantial influx of remittances totaling US$2.2 billion, as reported by the State Bank of Pakistan.

8 state owned companies Rs2201 billion
Latest
  • WEB DESK
  • September 9, 2023
PIA’s path to recovery: Govt injects ‘critical funds’ to settle debts

Pakistan International Airlines (PIA), grappling with its financial burdens, announced on Saturday that it has found relief as the government injected critical funds into the national carrier. In a statement shared on the social media platform X (formerly known as Twitter), PIA disclosed that the government of Pakistan has stepped in to provide vital financial support, leading to an alleviation of the airline’s fiscal challenges. Additionally, PIA affirmed that its restructuring efforts are progressing as planned.

Latest

Jay Clayton to take charge as US intelligence chief on Monday
  • Reuters
  • August 1, 2026
Jay Clayton to take charge as US intelligence chief on Monday
FIFA chief under pressure as football bodies lose confidence after scrapped $4.2bn deal
  • Reuters
  • August 1, 2026
FIFA chief under pressure as football bodies lose confidence after scrapped $4.2bn deal
PIA flight delayed in Dubai after passenger damages aircraft window
  • WEB DESK
  • August 1, 2026
PIA flight delayed in Dubai after passenger damages aircraft window
SSP Ali Raza replaces Jawad Tariq as DIG Operations Islamabad
  • WEB DESK
  • August 1, 2026
SSP Ali Raza replaces Jawad Tariq as DIG Operations Islamabad
Noted climber Nirmal Purja among 10 dead in avalanche in Pakistan
  • Reuters
  • August 1, 2026
Noted climber Nirmal Purja among 10 dead in Broad Peak avalanche
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