Source: Wall Street Journal
NEW DELHI — Pakistan’s new agreement with the International Monetary Fund over a $7.6 billion loan may lead to more help from other donors and is expected, at least for now, to stave off economic collapse in the South Asian nation.
But the IMF’s package falls well short of the $10 billion to […]
IMF Loan to Pakistan May Spur Help From Other Donors
November 16th, 2008 Sana · No Comments
Filed Under: Business
Pakistan Formally Asks IMF for $9 Billion Loan, Dawn Reports
November 11th, 2008 Sana · No Comments
Source: Bloomberg
By Michael Dwyer
Nov. 11 (Bloomberg) — Pakistan has formally asked the International Monetary Fund for a $9 billion loan, Dawn News channel reported, citing unidentified finance ministry officials.
The South Asian nation has requested the immediate release of $4 billion and an agreement with the IMF is likely to be signed on Nov. 20, Dawn […]
Filed Under: Business
China to loan $500 mln to Pakistan-Minister
April 17th, 2008 Sana · No Comments
Source: Reuters
ISLAMABAD, April 17 (Reuters) - China has agreed to provide $500 million in concessional loan to help Pakistan meet its balance of payment needs, Pakistani foreign minister Shah Mehmood Qureshi said on Thursday.
The agreement on Chinese financial assistance came during a recent visit by Pakistan’s President Pervez Musharraf to the long-time political ally China.
The […]
Filed Under: Business
