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Business

Web Desk Karachi
May 29, 2025

AIIB moves towards closer capital market presence with Hong Kong, Singapore offices

The multilateral lender, which had more than $57 billion in assets at the end of last year, is currently negotiating with relevant parties in the cities to open the offices.

Pakistan

Reuters
Apr 26, 2025

Pakistan requests extra 10b yuan on China swap line: Aurangzeb

“From our perspective, getting to 40 billion renminbi would be a good place to move towards … we just put in that request.”

Business

Web Desk Karachi
Feb 19, 2025

Pakistan receives $5.585 billion in funding, including IMF, in first seven months

The EAD data also revealed that the government had budgeted for $9 billion in time deposits, including $5 billion from the Kingdom of Saudi Arabia (KSA) and $4 billion from SAFE China, for the current fiscal year. Nevertheless, no funds were received under this head during the first seven months of the year.

Business

Web Desk
Dec 13, 2023

Pakistan seeks $4.5 billion boost from global sources, excluding IMF

Caretaker Federal Minister for Finance, Revenue, and Economic Affairs, Dr Shamshad Akhtar, has disclosed that Pakistan aims to secure approximately $4.5 billion from both multilateral and bilateral sources, excluding the International Monetary Fund (IMF), in the ongoing fiscal year 2023–24.