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The nuclear-armed rivals are also wrangling over Pakistan’s access to desperately needed foreign aid, as India explores ways ...
KARACHI: The State Bank of Pakistan (SBP) has identified political and economic instability, high taxation and inadequate infrastructure as major obstacles to attracting foreign direct investment ...
Pakistan cut its benchmark interest rate to shield the South Asian nation’s economy from global tariff-related disruption.
According to an NDTV report, India has formally asked the Asian Development Bank (ADB) to discontinue financial support to Pakistan. The request was raised by Finance Minister Nirmala Sitharaman ...
Bank Al Habib Limited (BAHL) has closed its representative office in Kenya, citing change of its international strategy. The Pakistan-based bank, which opened a representative office in 2018 with ...
Following the recent terror attack in Jammu and Kashmir, India is preparing to urge international financial institutions like the IMF and World Bank to reassess their ...
From political unrest and economic challenges to security concerns and social movements, find comprehensive coverage of the events defining Pakistan's landscape. Welcome to our live blog tracking ...
India has demanded that the Asian Development Bank (ADB) cut funding for Pakistan, as New Delhi continues to extend its punitive moves against Islamabad in the ...
The news comes as the IMF is scheduled to conduct an executive board meeting tentatively on May 9 to conduct the first revise of its extended arrangement for Pakistan under its extended fund facility.
demanded that the bank cut its funds to Pakistan, sources said. According to sources, the demand for cutting the funding to Pakistan was one of the agenda of the meeting among various other issues.
According to NDTV, citing sources, FM Sitharaman took up the matter with ADB chief Kanda in Italy's Milan, during her visit to attend the 58th Annual Meeting of the Board of Governors of the ADB.
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