Japan approves $18.5mn grant for Pakistan’s flood management project Japan has approved a $18.5 million grant for a flood management project in Pakistan, said the Ministry of Economic... Updated 13 Nov, 2024 07:46pm
Print Co-financing: List of 12 potential projects shared with EIB ISLAMABAD: The Government of Pakistan shared a list of 12 potential projects for co-financing with European... Updated 05 Sep, 2024 09:25am
Print World Bank -funded ‘PRR’ project: one-year extension sought ISLAMABAD: The government has sought one-year extension in “Pakistan Raises Revenue (PRR)” project worth $400... Updated 06 Feb, 2024 09:06am
Pakistan MoEA hosts int’l delegation participating in advance railway course ISLAMABAD: The Ministry of Economic Affairs in Islamabad hosted the visit of the international delegation... Published 03 Jan, 2024 05:32am
Print Shamshad says expecting 2-2.5pc GDP growth ISLAMABAD: The caretaker Federal Minister for Finance, Revenue and Economic Affairs, Dr Shamshad Akhtar, reported... Updated 22 Nov, 2023 10:07am
Business & Finance Trade & investment, banking systems: Iran reiterates interest in bolstering cooperation ISLAMABAD: Iranian Deputy Minister for Economics and Finance, Reza Bakhshiani Thursday reiterated keen interest in... Published 01 Sep, 2023 05:41am
Print Inflows improved in July: IMF SBA gives comfort level to multilaterals, bilaterals: MEA officials ISLAMABAD: The staff level agreement on the Stand-By Arrangement (SBA) with the International Monetary Fund (IMF)... Updated 23 Aug, 2023 10:17am
Opinion The ebb of external inflows The Ministry of Economic Affairs has released the statement of May 2023 on Disbursement of Foreign Economic... Updated 11 Jul, 2023 06:37am
Print Around $100m debt: Pakistan, Italy agree on ‘PIDSA’ timeline extension ISLAMABAD: Pakistan and Italy reached an agreement to extend the timeline of the Pakistan-Italian Debt Swap... Updated 07 Jul, 2023 08:56am
Print JDS programme: Japan announces 315m yen grant aid ISLAMABAD: The government of Japan on Thursday announced grant aid worth 315 million Japanese yen (around $2.25... Updated 23 Jun, 2023 08:51am
Print Foreign loans, debt servicing: Repayment revised upward by MoEA ISLAMABAD: The Ministry of Economic Affairs has revised upward by Rs402 billion repayment of short-term foreign loan... Updated 07 Jun, 2023 08:55am
Business & Finance Trade, aviation and illegal immigration: Pak-EU Joint Commission to meet in Brussels on 23rd ISLAMABAD: Pakistan and the European Union (EU) will reportedly hold Pak-EU Joint Commission meeting in Brussels... Updated 06 Jun, 2023 08:43am
Print Country receives $15.4bn in financing during Jul-Apr ISLAMABAD: The country received $15.4 billion in financing during the first 10 months (July-April) of the current... Updated 21 May, 2023 03:24pm
Print Foreign investment promotion: MoEA to prioritise countries for holding various joint commissions ISLAMABAD: Ministry of Economic Affairs has decided to prioritise countries for holding Joint Commissions (JCs),... Updated 19 May, 2023 09:15am
Business & Finance Benazir Nashonuma Programme: ECC approves Rs500m more ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has approved additional financing of Rs500... Updated 28 Apr, 2023 08:49am
Business & Finance SFD provides $240m for Mohmand hydro-power dam ISLAMABAD: The Saudi Fund for Development (SFD) signed a $240 million loan agreement to support Pakistan’s Mohmand... Updated 09 Apr, 2023 12:07am
Print LC restrictions: World Bank asks govt to exempt projects funded by IFIs Economic Affairs secretary agrees to take up matter with Finance Division Updated 13 Mar, 2023 12:51pm
Business & Finance Pakistan, Uzbekistan sign $1bn trade deal ISLAMABAD: Pakistan and Uzbekistan signed on Friday a $1 billion deal to increase bilateral trade, a statement from... Published 25 Feb, 2023 06:23am
Print Trade teams talk business; it’s no Russian roulette 8th meeting of the Pakistani-Russian Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation starts meeting to find new opportunities for further deepening the bilateral relations Updated 19 Jan, 2023 09:31am
Business & Finance Agreement signed: France to provide €120m soft loan for Keyal Khuwar hydropower project ISLAMABAD: France will provide soft loan of € 120 million for Keyal Khuwar 128 MW Hydropower project. Dr Kazim... Published 17 Jan, 2023 06:52am
Print Germany inks two framework agreements worth Euro 28m ISLAMABAD: The Government of Pakistan and Germany signed two framework agreements -amounting Euro 28 million... Updated 13 Jan, 2023 08:46am
Print Deal signed with SFD to finance oil derivatives worth $1bn ISLAMABAD: The Saudi Fund for Development (SFD) and Pakistan, on Thursday, signed a new agreement to finance oil... Updated 13 Jan, 2023 08:47am
Opinion Low foreign inflows The foreign exchange reserves of the SBP have plunged to $6,116 million as of 16th of December 2022. There has been ... Published 27 Dec, 2022 06:07am
Pakistan France to provide €0.3m grant for Babu Sabu treatment plant ISLAMABAD: France will provide a grant of 0.3 million euros for the Babu Sabu Wastewater Treatment Plant-Financing... Published 16 Dec, 2022 05:58am
Business & Finance KPK health programme: $100m financing pact signed with ADB ISLAMABAD: The government has signed a financing agreement worth $100 million with the Asian Development Bank (ADB)... Published 05 Nov, 2022 05:53am
Print Two financing agreements signed with World Bank ISLAMABAD: The Government of Pakistan has signed two financing agreements of $500 million with the World Bank... Updated 03 Nov, 2022 09:42am
Print NA panel informed: Dasu project won’t be completed by May 2024 ISLAMABAD: The Dasu Hydropower (Phase-I) project would not be completed even by the revised schedule of May 2024,... Updated 29 Sep, 2022 09:49am
Business & Finance Most budget figures to undergo fluctuations: MoEA ISLAMABAD: Most of the budget figures for the current fiscal year 2022-23, including GDP growth rate, debt-to-GDP... Updated 16 Sep, 2022 09:51am
Business & Finance Economy: MoEA report debates similarities, differences with Sri Lanka ISLAMABAD: Pakistan’s strong economic relations with China, the UAE, and Saudi Arabia have always provided a... Published 31 Aug, 2022 05:50am
Print CASA-1000: NTDC seeks $35m financing Original cost of project was $185 million, of which $92.66 million has already been disbursed Updated 12 Aug, 2022 08:57am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points