Tag: Financing
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Moody’s Report Highlights Economic Challenges and Opportunities for Pakistan
This news report is covered by Eshal Kazi. In its latest assessment of Pakistan’s economy, global rating agency Moody’s has outlined significant challenges and opportunities ahead for the country. The report emphasizes that while the new IMF program is set to enhance Pakistan’s financing prospects, the implementation of difficult reforms without a strong electoral mandate…
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Pakistan’s Financing to be determined after the ninth review, IMF Chief
ISLAMABAD: The International Monetary Fund (IMF) has said the 9th review of the $1.2 billion bailout program for Pakistan will be completed once necessary financing is in place and an agreement is finalized. On Friday, the IMF chief said that the organization is working with local authorities in Pakistan to conclude its 9th review of…
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ADB report shows Funding received by Pakistan in 2022
According to the Asian Development Bank (ADB)’s annual report, the bank financed projects over thirty billion in Asia. According to Baaghi TV reports, on the one hand, in 2022, the ADB financed projects worth 31.8 billion in Asia, on the other hand, the Russo-Ukraine war remained a leading cause of inflation at the global level,…
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Nicolas Sarkozy goes on trial over claims of illicit financing
Paris, March 17 (AFP/APP): Former French president Nicolas Sarkozy goes on trial Wednesday over claims of illicit financing for his failed 2012 re-election bid, just two weeks after a landmark conviction for corruption. On March 1, the 66-year-old became France’s first post-war president to be sentenced to prison when he was given a three-year term, two years of…
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Spanish Bank Santander to End Coal Sector Support
Spanish bank Santander will end support for the coal sector.