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Tag: foreign aid

USAID
World
  • Reuters
  • Jan 27, 2025
Trump tells USAID to put “America First” in reviewing foreign aid

The Trump administration urged USAID workers to join the effort to transform how Washington allocates aid around the world.

S&P global ratings Pakistan
Business
  • Web Desk
  • Jul 30, 2024
S&P Global maintains ‘CCC+’ credit rating for Pakistan

S&P Global confirmed Pakistan’s long-term sovereign credit rating at “CCC+” on Tuesday, attributing this decision to the country’s reliance on external aid to manage its debt obligations amid an ongoing economic crisis.

Foreign investors
Business
  • Web Desk
  • Jul 03, 2024
Pakistan secures $402.96 million in external financing for May 2024

Pakistan obtained external financing worth $402.96 million in May 2024 from various international sources, as per the latest monthly report by the Economic Affairs Division (EAD).

Pakistan’s forex reserves
Business
  • Web Desk
  • Mar 21, 2024
Pakistan secures $332.6 million in external financing in February

According to the latest report from the Economic Affairs Division (EAD), Pakistan obtained external financing amounting to $332.6 million in February 2024 from various sources.

China loan roll over
Business
  • Web Desk
  • Feb 28, 2024
China rolls over $2 billion loan, easing pressures on Pakistan

In a noteworthy display of diplomatic goodwill during challenging times, China has agreed to roll over a $2 billion loan that was slated to mature in March.

Dollar to rupee intraday trading
Business Pakistan
  • Web Desk
  • Nov 29, 2023
Pakistani rupee declared weakest currency, expected to reach Rs350 vs dollar

The Pakistani rupee (PKR) is poised to conclude the year as the weakest-performing currency in Asia, and this trend is anticipated to persist into 2024.

morocco earthquake
Latest
  • Web Desk
  • Sep 11, 2023
Morocco earthquake: foreign rescuers in race to find survivors

Friday’s 6.8-magnitude quake, Morocco’s deadliest in more than six decades, had an epicentre below a remote cluster of mountainous villages 45 miles south of Marrakech,

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