NTDC admits delay in implementing power plan ISLAMABAD: The National Transmission and Dispatch Company Limited (NTDC) on Wednesday admitted delay in implementing... Updated 14 Nov, 2024 09:31am
Print Energy transmission sector: AIIB shows interest in exploring investments ISLAMABAD: The Asian Infrastructure Investment Bank (AIIB) on Wednesday indicated its interest in exploring future... Updated 07 Nov, 2024 09:26am
Print $1.3bn borrowed from multiple financing sources in Q1 ISLAMABAD: The country borrowed $1.308 billion from multiple financing sources during the first quarter... Updated 30 Oct, 2024 09:03am
Print Punjab project: JICA and NTDC to prepare action plan ISLAMABAD: Japan International Cooperation Agency (JICA) and National Transmission and Despatch Company (NTDC) are... Updated 30 Oct, 2024 09:36am
Print PSDP 2024-25: Ministries’ Rs2.9trn request pruned to Rs1.1trn Minister for Planning Ahsan Iqbal directs Economic Affairs Division to come up with a realistic demand of budget in consultation with respective ministries/divisions Updated 25 Oct, 2024 03:18pm
Print 3 NTDC projects: World Bank, ADB and IsDB willing to finance ISLAMABAD: The World Bank (WB), Asian Development Bank (ADB) and Islamic Development Bank (IsDB) have reportedly... Updated 21 Oct, 2024 03:24pm
Print Foreign-funded projects: EAD seeks Rs196bn more to cover rupee deficit ISLAMABAD: The Economic Affairs Division has demanded additional Rs196 billion ($664 million) to address rupee cover... Updated 19 Sep, 2024 09:04am
Print Power distribution: ADB willing to double loan amount ISLAMAABAD: The Asian Development Bank (ADB) has reportedly showed willingness to enhance loan amount of Power... Updated 13 Sep, 2024 09:15am
Business & Finance EAD inks loan agreement with Exim Bank of South Korea ISLAMABAD: Federal Minister for Communications Abdul Aleem Khan said that Pakistan would obtain $20.635 billion loan... Published 05 Sep, 2024 07:05am
Editorials The external financial commitments EDITORIAL: Governor State Bank of Pakistan Jameel Ahmad, in an interview with a foreign news agency, stated that... Updated 29 Aug, 2024 10:37am
Print Govt received 0.8pc of budgeted non-project aid in July: EAD ISLAMABAD: The government received 0.8 percent of the total budgeted non-project (budget support) assistance by... Updated 28 Aug, 2024 02:55pm
Print Financing of Diamer-Bhasha project: Govt weighing different options ISLAMABAD: The federal government is reportedly weighing different options to finance Diamer Bhasha Hydropower... Updated 24 Aug, 2024 04:33pm
Print July-March: govt signs $2.166bn loan commitments ISLAMABAD: The Government of Pakistan signed new agreements worth $2.166 billion as commitments in the period... Updated 13 Aug, 2024 02:02pm
Business & Finance Interest worth SDR 2.815bn paid to IMF since 1984 ISLAMABAD: Pakistan has paid interest amounting SDR 2.815 billion to International Monetary Fund (IMF) since 1984.... Updated 02 Aug, 2024 09:07am
Print NA panel told: China, KSA likely to roll over $9bn loans ISLAMABAD: China and Saudi Arabia are likely to roll over $9 billion in loans to Pakistan in the current fiscal year... Updated 27 Jul, 2024 11:47pm
Print Far behind $17.619bn annual target: $9.811bn borrowed from multiple financing sources in FY24 If IMF and UAE inflows are added, total inflows would reach $13.804 billion during fiscal year 2023-24 against target of $17.619 billion Updated 27 Jul, 2024 10:11pm
Print Complaints about different projects: ADB decides to dispatch mission Accountability Mission to visit Pakistan in September Updated 15 Jul, 2024 04:14pm
Print Private sector’s participation in privatisation of Discos: World Bank agrees to extend financial support under NLTA ISLAMABAD: The World Bank (WB) has agreed to extend financial support to the government to facilitate private sector... Updated 08 Jul, 2024 09:20am
Business & Finance External debt, liabilities soar to $130.179bn by May ISLAMABAD: Pakistan’s external debt and liabilities have soared to $130.179 billion by May 2024, up from $124.296... Published 06 Jul, 2024 05:18am
Print July-May of FY 2023-24: $7.547bn borrowed from multiple financing sources ISLAMABAD: The country borrowed $7.547 billion from multiple financing sources during the first 11 months (July-May)... Updated 04 Jul, 2024 09:52am
Print Private sector participation in Discos’ sell-off: Govt approaches World Bank for NLTA ISLAMABAD: The government has approached the World Bank ((WB) for Non -Lending Technical Assistance (NLTA) to... Updated 01 Jul, 2024 09:18am
Print $250m policy-based loan deal signed with ADB ISLAMABAD: The Asian Development Bank (ADB) and the Government of Pakistan on Friday signed the agreement for a $250... Updated 22 Jun, 2024 09:19am
Print NEC constituted ISLAMABAD: The president on Friday constituted the National Economic Council (NEC) with prime minister in the chair.... Updated 08 Jun, 2024 01:35pm
Print Country borrows $7.142bn during Jul-Apr ISLAMABAD: The country borrowed $7.142 billion from multiple financing sources during the first 10 months... Updated 25 May, 2024 08:29pm
Print 3 lots of Dasu project: EAD directs NTDC to complete construction by end-Dec 2025 ISLAMABAD: Taking serious notice of undue delays in projects funded by the World Bank, Economic Affairs Division... Updated 30 Mar, 2024 02:38pm
Business & Finance MoC asked to expedite Pak-Turkmenistan TTA ISLAMABAD: Economic Affairs Division (EAD) has asked Ministry of Commerce (MoC) to expedite signing of Transit Trade... Published 23 Mar, 2024 05:41am
Print Jul-Feb 2023-24: $6.678bn borrowed from multiple sources ISLAMABAD: The country borrowed $ 6.678 billion from multiple financing sources during the first eight months... Updated 22 Mar, 2024 08:33am
Print EAD explains how borrowing can be productive Pakistan signs new agreements worth $642 million as commitments Updated 07 Mar, 2024 09:53am
Print Jul-Jan borrowing stands at $6.3bn Country receives $331.59 million in January 2024 Updated 24 Feb, 2024 06:44pm
Print Foreign-funded projects: EAD seeks budget/revised estimates Economic Affairs Division holds meeting to review hydropower and transmission line projects which are reportedly facing rupee cover issues Updated 22 Feb, 2024 09:54am