The Pakistan Supreme Court last week directed the State Bank of Pakistan (SBP) to "allocate and release" Rs 21 bn by April 17 for elections in two provinces from the Federal Consolidated Fund (FCF) "lying under its control and management".
The Union Minister of Tourism, Culture and DoNER G Kishan Reddy wrote to Telangana Chief Minister K. Chandrashekar Rao on the state of Telangana not utilizing Rs. 610 crores of the allocated amount from the CAMPA funds in the last 3 years.
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While addressing the press conference G Kishan Reddy said, "KCR and his family have been talking a lot about the Vishakhapatnam steel plant in the past week. Singareni collaries are in loss. It is not getting funds from the Telangana government. When PM Modi came to Hyderabad to inaugurate d
In a statement, Nathan Porter, IMF Mission Chief to Pakistan, said that the IMF "looks forward to obtaining the necessary financing assurances as soon as possible to pave the way for the successful completion of the 9th Extended Fund Facility (EFF) review".
The meeting was held on the sidelines of the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, DC from 10th to 16th April, and discussed key strategic issues and economic growth in the region, in addition to future prospects and fisca
Shehbaz Sharif also expressed his gratitude to Saudi Arabia and the United Arab Emirates. The UAE had committed a loan of USD 3 billion. He lauded the efforts of Foreign Minister Bilawal Bhutto, Finance Minister Ishaq Dar and Chief of the Army Staff Asim Munir for making efforts in this r
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
The meeting discussed the latest developments in the international monetary and financial system, and ways to achieve stability and global economic recovery.