Power sector: Govt anticipates $2bn financing by IFIs in 3 years For Power Distribution Strengthening Project-1, Asian Development Bank to extend OCR funding of $ 400 million during 2024-25 Updated 25 Jun, 2024 09:45am
Print Uplift projects: PM, IDB president for early completion RIYADH: Prime Minister Shehbaz Sharif and President of Islamic Development Bank (IDB) Dr Muhammad Sulaiman Al Jasser... Updated 29 Apr, 2024 09:20am
Opinion Low inflows of external financing The first quarterly review of the IMF (International Monetary Fund) Stand-by Facility has been successfully... Published 21 Nov, 2023 06:01am
Business & Finance IDB president vows to continue extending support to Pakistan ISLAMABAD: Islamic Development Bank (IDB) President Dr Sulaiman Al Jasser on Thursday assured Prime Minister Shehbaz... Published 14 Jul, 2023 06:22am
Pakistan Pakistan signs $240mn loan agreement with Saudi Fund for Development for KP dam Mohmand Multipurpose Dam Project will enhance water and food security, and improve the standard of living for people living in the Khyber Pakhtunkhwa province: SFD Updated 07 Apr, 2023 05:56pm
Business & Finance IDB set to raise $2bn with sukuk DUBAI: The Islamic Development Bank is set to raise $2 billion from a sale of Islamic bonds, or sukuk, maturing in... Published 08 Mar, 2023 06:20am
Print Donors pledge more than $9bn to help flood recovery ISLAMABAD: Pakistan said Monday it had received pledges of more than $9 billion at an international conference... Updated 10 Jan, 2023 08:58am
Pakistan Experts react as Pakistan manages to secure pledges of over $8.5bn in Geneva During first plenary alone, Pakistan saw commitments of over the targeted amount Updated 09 Jan, 2023 08:29pm
Business & Finance PKR freefall a threat to national security: FPCCI chief KARACHI: Irfan Iqbal Sheikh, President FPCCI, has maintained that free-falling rupee has reached a point where it ... Published 21 Jul, 2022 05:40am
Print ‘KSA is assisting in getting another deferred oil facility through IDB’ ISLAMABAD: Government of Saudi Arabia is helping Pakistan in getting another deferred oil facility of $1.2 billion... Updated 23 Jun, 2022 09:53am
Print Forex, PSEs and banks liabilities not included: $88.8bn external debt recorded at end of March ISLAMABAD: External public debt was recorded at $88.8 billion at end-March 2022 in the Economic Survey 2021-22, but... Updated 10 Jun, 2022 09:23am
World IDB may investigate chief over possible relationship with staffer, misuse of funds MEXICO CITY/WASHINGTON: Inter-American Development Bank directors have met to discuss accusations in an anonymous... Published 09 Apr, 2022 04:39am
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept