Bailout package

Cash-strapped Pakistan has requested its all-weather ally China to fast-track the refinancing of maturing commercial loans of USD 1.3 billion and apprised it of the diminishing prospects of revival of the IMF loan programme, a media report…

Last Updated: April 29, 2023, 01:06 ISTFILE- A man fills gas into a vehicle at a fuel station in Colombo, Sri Lanka, March 29, 2023. (AP Photo/Eranga Jayawardena, File)Last month, the International Monetary Fund (IMF) approved the bailout…

Last Updated: April 24, 2023, 00:33 ISTPakistan's military vehicles carry long-range ballistic missiles Shaheen during the Pakistan Day parade in Islamabad on March 23, 2022. (AFP)The Pakistan Army has hitherto wielded considerable power in…

<!-- -->Pakistan planned to borrow PKR 5.5 trillion from international lenders. (Representational)Islamabad: Pakistan's Interior Minister Rana Sanaullah on Sunday said that the International Monetary Fund (IMF) had not released the…