Saudi Arabia has granted Pakistan a $380 million soft loan to mainly support its budget, in the biggest single donation since donors pledged $5.7 billion of aid in April to the country.
The central bank kept its policy rate unchanged at 13 per cent on Tuesday, amid fear of fiscal slippages and concern that inflation may not have peaked, the State Bank of Pakistan said....
Finance Minister Shaukat Tarin has said that Pakistan may have to seek additional $874 million from the IMF in case the grant under the Kerry-Lugar Bill is jeopardised. ...
The World Bank said on Monday it has agreed to provide a 900 million dollar loan to flood-hit Pakistan, saying the economic impact of the disaster on the economy was expected to be huge. ...
The International Monetary Fund (IMF) has approved the fourth tranche worth $1.2 billion for Pakistan which is expected to be received by the end of the year. ...
Pakistan’s foreign exchange reserves fell to $13.90 billion in the week that ended on Nov. 21 from $14.12 billion the previous week, the central bank said on Thursday....