Islamabad [Pakistan], June 15 (ANI): In a major setback for Pakistan's dwindling economy, two of its largest lenders - World Bank (WB) and Asian Development Bank (ADB) -- have deferred approval of another USD 1 billion worth of loans due to delay in meeting some set conditions.
Lahore [Pakistan], June 15 (ANI): The domestic and external debt of Pakistan's Punjab province reached Rs 956.4 billion as of June 2021 including a major chunk of Rs 951.2 billion loans obtained from international funding institutions.
Geneva [Switzerland], June 15 (ANI/Xinhua): The World Health Organization (WHO) urged countries on Monday to close a funding gap of 16 billion US dollars for the Access to COVID-19 Tools (ACT) Accelerator project, which aims to accelerate the development, production, and equitable access to
Islamabad [Pakistan], June 14 (ANI): A debt-ridden Pakistan has requested its all-weather ally China that it needs another year to pay back a billion dollars Islamabad had borrowed from Beijing last year.
Washington [US], June 14 (ANI): Daniel Rensch, the Chief Chess Officer for Chess.com, has said the governing body remains "committed" to ensure all games played on site are fairly contested.
New Delhi [India], June 14 (ANI): Five-time world champion Viswanathan Anand has said he only played the position on the board and "expected the same" from billionaire Nikhil Kamath during their charity game even as the Zerodha co-founder admitted to using unfair means during the game.
New Delhi [India], June 14 (ANI): The All India Chess Federation (AICF) Secretary Bharat Chauhan has said it is "unfortunate" to see unfair methods employed in a charity chess game by Zerodha co-founder Nikhil Kamath against five-time world champion Viswanathan Anand.
Karachi [Pakistan], June 14 (ANI): Saudi Arabia has decided to shift a planned USD 10 billion oil refinery to Karachi from Gwadar, the epicenter of the country's flagship China-Pakistan Economic Corridor, further highlighting the infrastructural deficiencies of the project in the port city.
Karachi [Pakistan], June 14 (ANI): Former Prime Minister and Pakistan Muslim League - Nawaz (PML-N) leader Shahid Khaqan Abbasi on Sunday said that the national budget for FY 2021-22 is 'fake' and warned Pakistani people about provisions of new taxes worth Rs 343 billion.
Cornwall [UK], June 14 (ANI): The leaders of the Group of Seven nations have pledged over 1 billion COVID-19 vaccine doses for the rest of the world - either directly or through funding to COVAX, UK Prime Minister Boris Johnson announced.
Beijing [China], June 13 (ANI): The US Innovation and Competition Act that has earmarked USD 54.2 billion towards shoring up America's competence on a number of technological fronts, has left out China's Huawei Technologies on a list of restricted entities, banning it from gaining access to
Islamabad [Pakistan], June 12 (ANI): Pakistan government on Friday proposed Pakistani rupees 8,487 billion budget for the next financial year with a fiscal deficit target at 6.3 per cent of gross domestic product (GDP).