ISLAMABAD, Oct 21 - Pakistan requires $10 billion to $15 billion of support from foreign lenders to avert a balance of payments crisis and undertake economic adjustments, the country's newly appointed economic troubleshooter said. Pakistan...
DUBAI, Oct 20 - Pakistan should consider seeking an emergency support package from the International Monetary Fund, a senior IMF official said on Monday ahead of talks on Pakistan's restructuring plan. Mohsin Khan, director of...
BEIJING, Oct 16 - China Premier Wen Jiabao pledged to help Pakistan overcome its economic troubles, Chinese state media reported on Thursday, though details of the assistance were not disclosed. Pakistani President Asif Ali Zardari...
China and Pakistan on Wednesday signed more than 10 deals ranging from trade and minerals to agriculture and satellites...
KARACHI, Oct 14 - Pakistan's central bank said on Tuesday it would raise the amount of Pakistan Investment Bonds and Term Finance Certificates that banks can use to meet their statutory limit requirement to 10...
KARACHI, Oct 13 - The World Bank could provide as much as $1.4 billion support for Pakistan during the next nine months, but its disbursal requires board approval, a World Bank official said on Monday....
ISLAMABAD, Oct 10 - Pakistan has asked Iran to supply crude oil on a deferred payment basis to help ease balance of payments pressure, Pakistani Foreign Minister Shah Mehmood Qureshi said on Friday. Speaking to...
The recent US economic recession has not only had severe impact, but is also likely to scale down the textile imports from Pakistan at least by 30 percent this year, textile exporters said on Monday ...
VIENNA, Sept 18 - Pakistan is close to completing a second plutonium-producing reactor, is well into building a third and these could increase its ability to make atomic bombs, a U.S. think-tank said on Thursday....
SINGAPORE, Sept 4 - Pakistan's central bank said on Thursday the World Bank has reaffirmed its financial support to fast-track close to $1 billion of investments in Pakistan. Central Bank Governor Shamshad Akhtar also said...