Search For "7 billion"
Hard to implement IMF deal as political pressure surges in Pakistan: Exper
Updated : 1 year, 10 months ago IST
The current fiscal year's tax-laden budget and the Supreme Court's ruling on reserved seats have shifted the focus of politics to the economy, further posing doubts over Pakistan's ability to meet the new International Monetary Fund (IMF) conditions for a USD 7 billion loan, reported Dawn.
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Kong Xianhua, CG of China in Mumbai praised India for its impressive econo
Updated : 2 years, 4 months ago IST
Mumbai (Maharashtra) [India], February 8: As the Year of Dragon is around the corner, the Chinese Consulate General in Mumbai held the Chinese New Year Reception and Chinese Cultural Festival. Since Spring Festival is now a UN holiday with more than 7 billion people all over the world celebr
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China: Property developer firm Country Garden faces loss of USD 7 billion
Updated : 2 years, 9 months ago IST
Country Garden, one of China's property developers, said that it has faced a loss of USD 7 billion during the first six months of 2023. The property developer company said that it could default on its debts, CNN reported.
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'Continued threats to Pakistan’s financial sustainability despite IMF deal
Updated : 2 years, 10 months ago IST
Pakistan last week signed a USD 3 billion loan programme with the IMF, following the revival of the USD 7 billion programme that was officially ending prematurely the same day.
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UN, partners seek USD 7 billion to prevent catastrophe in Horn of Africa
Updated : 3 years ago IST
More than 43 million people across Ethiopia, Kenya and Somalia continue to suffer through one of the worst droughts in recent history, caused by five consecutive seasons of poor rains.
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Nepal Airlines Corporation drowning further due to Chinese planes: Report
Updated : 3 years, 1 month ago IST
Around 7 billion Nepali Rupees were used to buy six Chinese planes, which financially burdened the corporation. These planes were purchased for serving the people of the hilly and Himalayan regions. However, they became useless within three years.
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IMF seeks more Pak assurances before releasing bailout package
Updated : 3 years, 1 month ago IST
The International Monetary Fund (IMF) has "welcomed" Pakistan's confirmation of having secured crucial bilateral support from key partners and said it looked forward to receiving further "financing assurances as soon as possible", which would help conclude the much-delayed ninth review of a
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Tough times ahead for Pakistan as talks with IMF fails
Updated : 3 years, 3 months ago IST
Pakistan is seeking a USD 7 billion bailout package from the IMF to prevent the collapse of the economy. While the visiting IMF delegation is asking for several reforms and compliance with its conditionality.
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9th review of Pakistan for USD 7 billion Extended Fund Facility kicks off
Updated : 3 years, 4 months ago IST
The discussion will revolve around Pakistan's plan for taking additional taxation measures to fetch over Rs 200 billion through a presidential ordinance, rationalizing expenditure, and hiking both electricity and gas tariffs for erasing the monster of the circular debt.
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Austin University to invest USD 42 bn for a smart city project in Uttar Pr
Updated : 3 years, 5 months ago IST
The agreement was signed between the officials of Uttar Pradesh and Austin University, Texas, which included Austin University President Ashraf Al Moustafa. Uttar Pradesh Minister Suresh Khanna, former minister Sidharth Nath Singh, Additional Chief Secretary for Infrastructure and Industrial
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European Commission proposes additional sanctions on Russia over escalatio
Updated : 3 years, 8 months ago IST
Brussels [Belgium], September 28 (ANI): European Commission on Wednesday proposed a new package of sanctions against Russia which includes "new listing of individuals and entities as well as new trade bans on Russian products depriving the country's economy of 7 billion euros in revenues."
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US 'usurped' Afghanistan's USD 7 billion assets, claims Taliban
Updated : 3 years, 8 months ago IST
Kabul [Afghanistan], September 16 (ANI): Taliban have accused the United States of having usurped the Afghan assets after they announced to release USD 3.5 billion of frozen money of Afghanistan as humanitarian aid for the poverty-stricken country.
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