Search For "usd 6 billion"
Pakistan denied relief by US court in Reko Diq case
Updated : 4 years ago IST
Islamabad [Pakistan], March 17 (ANI): A US court has dismissed Pakistan's motion to stay enforcement of USD 6 billion penalty imposed against the country in the Reko Diq case by the International Centre for Settlement of Investment Disputes (ICSID) in July 2019, according to a media report.
Read More
Pakistan: Rights activist expresses concern over taxes on contraceptives i
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 19 (ANI): Amid fears of a new wave of inflation following Pakistan's deal with the International Monetary Fund (IMF) for USD 6 billion assistance, rights activists expressed concern that an understanding with the global financing institution may also lead to he
Read More
IMF loans can compromise Pakistan's economic sovereignty, says expert
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 10 (ANI): The International Monetary Fund (IMF) has agreed to provide a USD 6 billion bailout package for Pakistan, but it can adversely affect common livelihoods and can compromise Pakistan's economic sovereignty.
Read More
Pakistan: Balochistan's PTI chief seeks truth commission on Reko Diq fiasc
Updated : 4 years, 2 months ago IST
Balochistan [Pakistan], December 30 (ANI): After the USD 6 billion penalties was announced for not giving a mining lease to the Tethyan Copper Company and the subsequent embarrassment suffered internationally, provincial Pakistan Tehreek-e-Insaf (PTI) chief in Balochistan, Sardar Yar Mohamma
Read More
IMF plans to revive USD6 billion Pakistan funding programme
Updated : 4 years, 4 months ago IST
Washington [US], November 22 (ANI): The United Nations (UN) International Monetary Fund (IMF) on Monday said that it has come to an agreement with Pakistan on terms to help revive a USD 6 billion funding programme for the country.
Read More
Pak may succumb to IMF's demand to revive USD 6 billion deal
Updated : 4 years, 5 months ago IST
Islamabad [Pakistan], October 23 (ANI): The Imran Khan government is devising upon imposing a federal tax on agricultural income as per the demand of the International Monetary Fund (IMF) to "revive" the USD 6 billion deal signed in July 2019.
Read More
Pakistan, IMF fail to agree on MEFP under USD 6 billion Extended Fund Faci
Updated : 4 years, 5 months ago IST
Islamabad [Pakistan], October 23 (ANI): The Pakistani government and the International Monetary Fund (IMF) have not finalised the Memorandum of Economic and Financial Policies (MEFP) for the completion of the Sixth Review under the USD 6 billion Extended Fund Facility (EFF), reported local m
Read More
Pakistan fails to strike agreement with IMF under USD 6 billion Extended F
Updated : 4 years, 5 months ago IST
Islamabad [Pakistan], October 17 (ANI): Unable to reconcile and evolve consensus on the Memorandum of Economic and Financial Policies (MEFP), the International Monetary Fund (IMF) and Pakistan have so far failed to strike a staff-level agreement under USD 6 billion Extended Fund Facility (EF
Read More
Pakistan: Talks on reviving USD 6 billion IMF package next week
Updated : 4 years, 5 months ago IST
Islamabad [Pakistan], October 4 (ANI): Pakistan and International Monetary Fund (IMF) are set to resume talks next week on the revival of the USD 6 billion derailed programme. Both sides would try to find the middle ground on the debatable issue of an increase in electricity prices.
Read More
ADB to provide USD 6 billion in three years to Pakistan
Updated : 4 years, 5 months ago IST
Islamabad [Pakistan], October 2 (ANI): Amid the testing time for Pakistan's economy, the Asian Development Bank (ADB) is set to provide USD 6 billion over a three-year period to the country, local media said.
Read More
British Virgin Islands Court releases frozen assets of Pak airlines in Rek
Updated : 4 years, 10 months ago IST
Islamabad [Pakistan], May 27 (ANI): A British Virgin Islands (BVI) High Court on Tuesday released the frozen assets of Pakistan International Airlines (PIA) hotels in Paris and Manhattan from a USD 6 billion pay-out to Tethyan Copper Company (TCC) in Reko Diq case verdict reversal.
Read More
China reluctant to clear USD 6 billion loan for CPEC project
Updated : 4 years, 10 months ago IST
Islamabad [Pakistan], May 9 (ANI): China has shown reluctance to clear a USD 6 billion loan for the single largest project under the China-Pakistan Economic Corridor (CPEC) due to the growing concern over mounting debt.
Read More