Tag: #Loan
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ADB approves $300 million loan for Pak’s capital markets
MANILA/PHILIPPINES: The Asian Development (ADB) on Tuesday approved a $300 million loan to Pakistan to further develop its capital markets, promote private investment in the country, and help to mobilise domestic resources to finance sustainable growth. According to a statement issued by the ADB, the Pakistan Stock Exchange (PSX) lacks depth in terms of the…
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ADB Approves $135m Loan to Upgrade Timor-Leste’s Gateway Airport
The Asian Development Bank (ADB) has approved a $135 million loan to help Timor-Leste expand the country’s gateway airport by extending the runway and constructing a new air traffic control tower with reconfiguration of relevant facilities on the airside. It will boost the safety of the airport and attract more airlines, and as a result, more…
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Another Success Story from the Kamyab Jawan Programme
Another story of the success of the Prime Minister’s Kamyab Jawan National Youth Development Programme has come to the fore in recent days. According to reports, Rawalpindi resident Asad Kamal has managed to form a successful business through government support and this Programme. Asad Kamal took out a loan of Rs. 90 lakh for a…
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Saudi Arabia offers to Supply Oil to Pakistan on Loan
ISLAMABAD: Saudi Arabia wants to supply oil to Pakistan. Finance Minister Shaukat Tareen has said that Pakistan is reviewing the offer made by Saudi Arabia. According to details, after Saudi Arabia re-offered oil to Pakistan on loan, Federal Finance Minister Shaukat Tareen said that talks are underway after reviewing Saudi Arabia’s offer. Pakistan is trying…
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Sri Lanka Seeks $2.2 billion from China as Reserves Shrink
Sri Lanka is seeking $2.2 billion from China as reserves shrink.
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Pakistan pays its second instalment to KSA
Islamabad, 17th December: Pakistan has returned $1 billion out of its $3 billion loans to Saudi Arabia. Baagi TV: According to reports, Pakistan has repaid $1 billion to the Kingdom of Saudi Arabia on Wednesday as the second instalment of a $3 billion soft loan. Pakistan was able to pay back its loan amount after…
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German Borrowing Set to Soar as 2021 Budget Passed
German borrowing is set to soar as the 2021 budget is passed.
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Pakistan’s financial woes, IMF calls for stricter compliance?
Baaghi TV: International Monetary Fund (IMF) calls for increase in electricity and gas prices. It was also stipulated that a 6 billion program would not be possible without complying with tax-related conditions. Educated Women Can Explore International Markets Through Online Handicrafts Business: Haleema Usman Famous anchor visits Chaudhry Shujaat today According to reports of The…
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Argentina president hopes for IMF deal ‘as soon as possible’
Buenos Aires, Oct 5 (AFP/APP):Argentina President Alberto Fernandez said on Sunday he hoped to reach an agreement with the International Monetary Fund to refinance a $44 billion loan “as soon as possible.” His announcement comes ahead of the arrival Tuesday of an IMF mission to focus on the country’s debt restructuring. “I have had many…
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India Announces $250 million Loan to Virus Hit Maldives
India has announced a $250 million loan to virus hit Maldives.