CashStrapped

ISLAMABAD: In a major development, cash-strapped Pakistan has in principle approved 28 projects worth billions of dollars that would be offered to Gulf countries for investment with the long-term objective to reduce reliance on loans and…

ISLAMABAD: Pakistan has received deposits of $2 billion from Saudi Arabia, Finance Minister Ishaq Dar said on Tuesday, ahead of a key meeting of the IMF to endorse a loan for the cash-strapped country.Last month, the Pakistan governmentand…

<!-- -->The liabilities of Go First are worth Rs 11,463 crore (Representational)New Delhi: Go First's resolution professional on Monday invited expressions of interest till August 9 from potential bidders for the grounded budget…

File picture of the International Monetary Fund logo on its building | Photo Credit: AP With the IMF now on board, the cash-strapped Pakistan government is now considering meeting most of its external financing needs in the medium term…

<!-- -->The bulk of development for this project is planned for 2026.Karachi: AD Ports Group of the United Arab Emirates (UAE) signed an agreement Thursday to take over the running of part of Pakistan's main Karachi docking facility…

<!-- -->Pakistan is seeing no signs of securing external financing any time soon amid political instability.Islamabad:  In a major relief to the cash-strapped country, Pakistan received USD 1 billion from China, ARY News reported…

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…

<!-- -->Pakistan Prime Minister Shehbaz Sharif blamed his predecessor Imran Khan for the state of the economy.Islamabad: Pakistan's cash-strapped government unveiled a 14.5-trillion-rupee (around $50.5-billion) budget Friday, with…

ISLAMABAD: Pakistan's Finance Minister Ishaq Dar is set to unveil on Friday Rs 14.5 trillion annual budget for 2023-24 that includes a staggering 66 per cent hike in the discretionary budget of parliamentarians, a decision that might push…

<!-- -->The country has faced nationwide blackouts of up to five hours a day in recent weeks. (Representational)Dhaka: Cash-strapped Bangladesh shut its biggest power plant Monday because it was unable to afford the coal to fuel it,…