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Pakistan may fall into a recession due to COVID-19: World Bank
World Bank report estimates the country’s GDP to contract up to 2.2%
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Time to say goodbye to austerity
The government would need to abandon the IMF programme forthwith
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Imran urges world to consider writing off loans to help cope with coronavirus
He says the virus may have a devastating impact on the economy of developing countries such as Pakistan
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‘Loan distribution to begin tomorrow’
SAPM Usman Dar says government received more than 22,000 applications from Sialkot, 77,000 from Gujranwala
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‘Skilled workers to get Rs300m loans’
A mobile application ‘Dastkar’ has also been launched to make the process of obtaining loans transparent
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Use of illegal remittance channels on the rise in Pakistan: Reza Baqir
SBP is not lending money to the govt since beginning of the current fiscal year
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Rs53 billion loans to six companies come under AGP’s scope
Audit report questions establishment of these companies
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Pakistan receives $1.3b worth of inflows
Loans will provide much-needed boost to foreign exchange reserves
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PTI govt approves rollover of Rs166.5b worth of loans
Decision will give govt two more years to repay loans taken to cut circular debt
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K-P owes Rs193.68b to foreign creditors
US, Germany and Japan main sources of loans
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Pakistan seeks financing for CPEC’s western route
Requests Beijing to sign deal to execute road project hindered by lack of funding
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Non-performing loans rise 13% to Rs768b in first half of 2019
Many businesses stop repaying debt due to economic slowdown
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Rs1.7m in loans disbursed
Cheques distributed amongst 49 people
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In Sindh, public universities turn to private banks for loans
Took loans to disburse salaries to employees , pay utility bills and bear miscellaneous administrative expenses
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Pakistan's GIDC controversy and solution thereof
Levy should be abolished as it has not been utilised for designed purpose
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Focus on inflows!
Pakistan needs a carefully calibrated policy that will minimise the various risks associated
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Pakistan gets $440m worth of fresh loans in July
Financing source gradually shifts from China to multilateral creditors due to completion of CPEC projects
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‘Farmers to be offered interest free loans’
the crops of 226,832 farmers were insured and the programme was in progress in 18 districts of the province
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NAB to probe into loans taken by Punjab former govt
Seeks documents regarding specified foreign loans and their utilisation
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PM launches Rs42.65 billion interest-free loans
Imran says the sale of benami properties will be diverted to Ehasas Programme
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Repayment of Chinese infrastructure loans to start in 2021
Planning dept says Pakistani given preferential interest rates
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Loans worth $37b to be retired within 5 years, Senate told
State minister for revenue says $9.2b will be discharged this year
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Pakistan to begin talks with IMF from Apr 29
IMF mission will be in the country till May 7
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Pakistan takes $5.6b in foreign loans in nine months
Instead of earlier announced $2.2b, China gave $2.5b in March to boost SBP’s reserves
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Senate committee seeks details of IMF package
Sherry Rehman says Asad Umar brought a programme from IMF after bypassing the parliament
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Imran Khan-led govt clears $400m foreign loan to double taxpayers
Approves Sindh BRT, CASA-1,000 and Balakot hydroelectric power projects
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China deposits $2.2 billion in SBP reserves
Much-needed inflows will help Islamabad make international payments
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Despite expectations, Pakistan gets just $1.5b in foreign loans
Officials expect boost, as modalities for Chinese commercial loans are being discussed
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Pakistan will not ask China to reschedule $3b loans: Bakhtiar
PM’s visit to China is aimed at boosting economy and assuring Beijing of commitment to CPEC
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US to examine Chinese debt before decision on IMF loan for Pakistan
Part of the reason that Pakistan found itself in this situation is Chinese debt, says US State Dept spokesperson
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Pakistan receives insufficient foreign loans worth $717m
They will meet only 35% of estimated foreign debt servicing requirement of 1Q
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Avoiding risks in youth loans
Provincial government in Punjab has declared its intention to provide soft loans worth Rs3 million to young people
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Youth to be offered soft loans
A comprehensive industrial policy will soon be finalised,
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Pakistan receives $439m in foreign loans in July
Amount insufficient to meet country’s growing
external sector requirements -
US should worry about paying off their debt to China, says Asad Umar
Claims nation's financing gap is between $10 and $12 billion dollars
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Half of loan package will go back to IMF: Haroon
Deplores over the treatment of US and West after so much doing
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World Bank’s policy loans worth $900m fail to achieve goals
Lender approved amount to put economy on sustainable path; it was instead used to boost foreign reserves
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China rejects reports of Pakistan asking for financial assistance
Foreign ministry spokesperson says Islamabad will devise strategy to get out of difficult situation
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Loans case: CJP expresses satisfaction over amnesty scheme results
Court seeks reply from 222 defaulters
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Repay 75% of principal amount of written-off loans or face trials: CJP warns defaulters
Every penny will be recovered, says CJP Saqib Nisar
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CJP says every Pakistani owes Rs57,000
Perturbed by non-appearance of SBP governor and finance secretary
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SC summons over 200 individuals, companies for getting loans waived off
The persons and companies listed in the notification have been told to submit their response by June 8
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Missing loan money: ‘$84 billion in debt, but change is still invisible’
NAB chief warns regional bureaus that leniency will not be tolerated
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Grey-listing by FATF does not affect Pakistan's ability to borrow money: IMF deputy director
Tao Zhang also acknowledges that the structural financial reform agenda of Pakistan remains incomplete
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Despite promises, Pakistan unlikely to get heavy funding by June
Country may have to rely on commercial loans, Eurobonds to meet its needs
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World Bank puts $250m policy loan for Pakistan on hold
Lender is concerned about Pakistan’s weakening macroeconomic framework
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Foreign loans contracted by government cross $40b
Figure shared by EAD last month was $34.2 billion, excluded amount from IMF programme
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Irked by PM’s absence, new IMF director cancels visit to Pakistan
Postponement not to have implications for ongoing talks, says IMF official
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Farmers hit hard as govt fails to provide loans
Delay has resulted in decrease in total yield of crops
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A ticking economic bomb
Pakistan’s budget deficit is set to go north, govt’s work cut out