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Tag: financing

Pakistan-IMF deal: Written assurance from friendly countries needed for loan revival

ISLAMABAD: The International Monetary Fund (IMF) has tabled another condition for the revival of $7 billion Extended Fund Facility (EFF), seeking ‘written assurance’ of...

Zardari can sue me; I stand by my statement: Imran Khan

ISLAMABAD: Former prime minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan said that he stands by his statement about Pakistan People's Party (PPP) co-chairman...

PM Imran to participate in virtual event on financing today

the event is being hosted by the Prime Ministers of Canada and Jamaica and the UN Secretary-General.

SBP announces ease in financing for health sector amid coronavirus outbreak

The move from the State BanK of Pakistan (SBP) was aimed at supporting hospitals, which have been at the forefront in combating coronavirus.

WB okays additional financing of $700m for Dasu power project

The project will help to lower the overall cost of energy generation in Pakistan.

Islamic Development Bank assures financing for Jamshoro Coal Power Plant

IsDB President Dr. Bandar expressed resolve to further strengthen cooperation with Pakistan in the areas of project financing and assured of early financing of Jamshoro Coal Fired Power Plant.

ADB to provide $7.1 bn financial package to Pakistan

ADB will provide $7.1bn in financing to help Pakistan achieve inclusive and sustainable growth over the next three years.

Africa still sees China as best bet for financing

BEIJING: A wave of African nations looking to restructure debt with China on the eve of a major Beijing summit provides a reality check...

French ex-president Sarkozy held in Libya financing probe

PARIS: French ex-president Nicolas Sarkozy was taken into police custody on Tuesday and questioned over allegations that late Libyan dictator Muammar Gaddafi financed his...

FATF meets today to discuss proposal to put Pakistan on grey-list

PARIS: The week-long meeting of the Financial Action Task Force (FATF), a global anti-money laundering body, begins today here with a proposal on its...

Pakistan’s anti-terror financing measures cause of concern: US

WASHINGTON: The United States (US) has said the international community has concerns about the government of Pakistan not rectifying deficiencies in the implementation of anti-money...

India financing terrorist outfits in Afghanistan, says FO spokesman

ISLAMABAD: Foreign Office Spokesperson Nafees Zakaria on Saturday said India was financing terrorist organizations in Afghanistan to carry out terrorist activities in Pakistan. “On one...

Pakistan’s public debt crosses Rs. 18 trillion mark

ISLAMABAD:  Pakistan’s public debt mark increased by 35 percent as it crossed over Rs. 18 trillion figure during the current tenure of Pakistan Muslim League-Nawaz...

Australia sets up specialist cyber unit to trace terrorism payments

SYDNEY: Australia has set up a cyber-intelligence unit to identify terrorism financing, money laundering and financial fraud online, the government said on Tuesday, because of "unprecedented" threats to national security.

Australian schoolgirl faces charge of financing IS

SYDNEY: A 16-year-old schoolgirl was set to be charged Tuesday with raising money to support the Islamic State group, Australian police said, warning of a "trend of teenage children" involved in such activities.

Africa being left out of climate aid: development bank

LIMA, PERU: The head of the African Development Bank says the continent is not getting enough of the billions of dollars in climate change funding, despite being the region that suffers most.

COAS asks UK to play role in checking int’l financing of terrorists

RAWALPINDI/LONDON: Chief of Army Staff (COAS) Gen Raheel Sharif today held an important meeting with Britain's Permanent Home Secretary Theresa May during which he urged UK to check international funding and communication of terrorists, said the Inter-Services Public Relations (ISPR).

China offering Pakistan ‘huge’ financing: official

BEIJING: Pakistan needs a "huge amount of financing" for infrastructure and energy projects and China is ready to announce help when President Xi Jinping visits next week, a foreign ministry official said Friday.
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