Search For "cash strapped pakistan"
Cash-strapped Pakistan mulls taking another IMF loan as floods wreak havoc
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 1 (ANI): As Pakistan struggles to deal with the devastating flood situation, the cash-strapped country is mulling another emergency loan from the International Monetary Fund (IMF), days after it managed to secure the much-needed bailout package to avert an imm
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IMF, Pakistan to meet today for key talks on loan plans
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], August 29 (ANI): The International Monetary Fund (IMF) will meet the top officials of cash-strapped Pakistan on Monday to consider a bailout package as the country continues to face several economic hardships.
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Saudi Arabia to invest USD 1 billion in cash-strapped Pakistan
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], August 26 (ANI): Saudi Arabia has announced a USD 1 billion investment in cash-strapped Pakistan which is currently in a state of both economic and political upheaval.
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UN helps cash-strapped Pakistan, Afghanistan deal with heavy flooding
Updated : 3 years, 6 months ago IST
New York [US], August 25 (ANI): The United Nations on Wednesday said it is helping Pakistan and Afghanistan deal with recent heavy flooding that has caused heavy casualties and material damage in both countries.
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Imran Khan government's financial challenges worsen as Pak asked to return
Updated : 4 years ago IST
Islamabad [Pakistan], February 15 (ANI): The financial challenges of the Imran Khan government are mounting with cash-strapped Pakistan asked to payback to USD 3 billion loan that it took from Saudi Arabia within a year with four per cent interest on the loan each quarter.
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Cash strapped Pakistan forced to acquire second-hand Dutch minehunters
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], December 20 (ANI): Dutch government has agreed to sell its two retired second-hand Royal Netherlands Navy Tripartite Class Minehunters to Pakistan, a move that confirms that military expenditure of the country is still insufficient due to the worsening economy that grea
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Cash-strapped Pakistan inks agreement with Saudi Arabia-based bank to borr
Updated : 4 years, 8 months ago IST
Islamabad [Pakistan], July 6 (ANI): A debt-ridden Pakistan has signed an agreement with Saudi Arabia-based Islamic Development Bank (IDB) to borrow USD 4.5 billion to alleviate oil and gas shortages that are crippling the economy and people's livelihoods through power cuts and fuel disruptio
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Cash-strapped Pakistan requests another year to pay back Chinese loans
Updated : 4 years, 9 months ago IST
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.
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Cash-strapped Pak considering imposing income tax on pensions amid IMF pre
Updated : 4 years, 9 months ago IST
Islamabad [Pakistan], May 21 (ANI): The cash-strapped Pakistan government is considering the imposition of income tax on monthly pensions in a bid to recover heavy tax losses amounting to Rs 1.4 trillion, amid pressure from the International Monetary Fund (IMF) to reconsider its tax laws.
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Imran Khan allows Chinese firms to establish offices in Pakistan
Updated : 5 years, 6 months ago IST
Islamabad [Pakistan], August 25 (ANI): In a big blow to local and small businesses, Prime Minister Imran Khan has decided to allow Chinese companies to set up their regional offices in cash-strapped Pakistan, The Dawn reported.
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ADB approves USD 1 billion emergency loan for Pakistan
Updated : 6 years, 3 months ago IST
Manila [Philippines], Dec 6 (ANI): The Asian Development Bank (ADB) on Friday approved a USD 1 billion emergency loan for cash strapped Pakistan to provide support to the country's public finances and help strengthen its slowing economy.
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Cash-strapped Pakistan to receive another installment of USD 6 billion loa
Updated : 6 years, 4 months ago IST
Islamabad [Pakistan], Nov 9 (ANI): The International Monetary Fund (IMF) on Friday approved the release of another instalment of a USD 6 billion, three-year loan to Pakistan.
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