RDA inflows reach $5 billion mark in 24 months
Inflows of remittances during the month of August were recorded at $187 million: SBP RDA inflows reach $5 billion mark…
Economy
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Crypto firm 21.co raises $25 million to value it at $2 billion
The post-money valuation makes 21.co “Switzerland’s largest crypto unicorn”, the company said. Crypto firm 21.co raises $25 million to value…
Pakistan owes more debt to China than to IMF, World Bank
Pakistan owes 30% of its foreign debt to China. Pakistan owes more debt to China than to IMF, World Bank….
IMF releases report on Pakistan
Many promises & targets were not implemented by the government of Pakistan, IMF country report stated. IMF releases report on…
Pakistan receives $1.16 bn from IMF
Earlier this week, the IMF Board had approved the much needed revival of EFF for Pakistan. Pakistan receives $1.16 bn…
Flood loss estimates rise to Rs900 billion
The country witnessed ‘more rain than ever recorded’ this season. Flood loss estimates rise to Rs900 billion. The flood damages…
Saudi Arabia to invest $1 billion in Pakistan
The Foreign Minister informed the Saudi counterpart about the devastation caused by the unusual floods in Pakistan. Saudi Arabia to…
Qatar Investment Authority considering about $3bn investment in Pakistan: report
$445-billion QIA currently evaluating strategic investments in country’s main airports in Islamabad/Karachi as well as other sectors. Qatar Investment Authority…
IMF condition: Govt to make asset details of bureaucrats & lawmakers public
Pakistan has sent back the signed letter of intent (LoI) to the International Monetary Fund (IMF). IMF condition: Govt to…
President Alvi appoints Jameel Ahmed as SBP governor
President gave the approval on the advice of the PM Shehbaz Sharif under Article 48(1) of the Constitution. President Alvi…