NTDC signs €43.76m loan for construction of Chakwal Grid Station LAHORE: The National Transmission & Despatch Company (NTDC) has inked a 43.76 million Euro loan agreement with... Published 17 Dec, 2022 07:07am
Print Flood recovery efforts: Five financing pacts worth $775m inked with ADB ISLAMABAD: The government of Pakistan and the Asian Development Bank (ADB) Thursday signed five financing agreements... Updated 16 Dec, 2022 09:30am
Print Flood relief activities: ‘Pakistan has received $738.53m foreign aid so far’ This is around 22 percent against total commitment of $3.4 billion from multilateral and bilateral partners Updated 02 Dec, 2022 12:34pm
Business & Finance Annual report on foreign assistance: Debt can be productive if used for creating assets: EAD ISLAMABAD: The Economic Affairs Division (EAD) stressed that a prudent external debt management strategy coupled ... Published 30 Nov, 2022 05:53am
Business & Finance Government borrows $4.25bn during Jul-Oct period This is higher when compared to $3.898 billion borrowed during the same period of last fiscal year Updated 19 Nov, 2022 11:42pm
Business & Finance ADB provides Pakistan $100mn to improve KPK healthcare sector Funds will be used to modernise infrastructure and equipment as well as improve human resources planning and medicine supply chain management Updated 04 Nov, 2022 07:48pm
Print CASA-1000: Alternate options being explored to resume work ISLAMABAD: The contract of remaining work on CASA-1000 in Afghanistan is likely to be awarded on the basis of... Updated 31 Oct, 2022 10:23am
Print Release of $1.5bn by ADB confirmed ISLAMABAD: Finance Minister Ishaq Dar Wednesday maintained that Asian Development Bank (ADB) disbursed $1.5 billion... Updated 27 Oct, 2022 10:55am
Print Q1 govt external borrowing climbs to $2.234bn Contrary to past practices, the EAD has also listed the loans taken from the IMF Updated 22 Oct, 2022 11:50am
Print $1.6bn funding: PM tasks Dar to resolve SFD reservations ISLAMABAD: Prime Minister, Shehbaz Sharif has assigned Finance Minister Senator Ishaq Dar the responsibility to... Updated 09 Oct, 2022 09:53am
Business & Finance Second Tripartite Portfolio Review: ADB despatches mission ISLAMABAD: Asian Development Bank (ADB) has despatched 2nd Tripartite Portfolio Review (TPR) Mission from September ... Published 09 Sep, 2022 06:09am
Editorials The pension burden EDITORIAL: Prime Minister Shehbaz Sharif has expressed the need for exploring the possibilities of retaining... Published 28 Aug, 2022 06:10am
Print Govt procured $185.61m external loans in July ISLAMABAD: The government procured $185.61 million external loans in the first month of the current fiscal year... Updated 24 Aug, 2022 09:48am
Opinion Burgeoning budget deficit The information on fiscal operations in 2021-22 has just been released by the Ministry of Finance. These figures are... Published 23 Aug, 2022 05:56am
Print Framework agreement with Denmark: Cabinet sets aside PPRA concerns ISLAMABAD: The Federal Cabinet has reportedly set aside concerns of Public Procurement Regulatory Authority (PPRA)... Updated 22 Aug, 2022 09:45am
Print Public Finance Management Act: Release of recurrent funds: FD unveils strategy ISLAMABAD: The Finance Division has issued a strategy for the release of recurrent funds for the fiscal year 2022-23... Updated 09 Jul, 2022 09:38am
Pakistan Agreements worth $11.362bn signed in 3 quarters of FY22 ISLAMABAD: The country has signed new agreements worth $11.362 billion as commitments during the first three ... Updated 05 Jul, 2022 09:54am
Pakistan Najeeb-ud-Din Awasi elected chairman of NA body ISLAMABAD: The National Assembly Standing Committee on Economic Affairs Division (EAD) elected Mian Najeeb-ud-Din... Published 01 Jul, 2022 06:13am
Business & Finance Foreign debt of $13.539bn incurred in 11 months ISLAMABAD: Pakistan incurred foreign debt of $13.539 billion from multiple financing sources in the first 11 months... Updated 29 Jun, 2022 10:30am
Print Pakistan facing debt in ‘excess of $250bn’: UNDP ISLAMABAD: The United Nations Development Programme (UNDP) has said that Pakistan is currently facing a challenging... Updated 15 Jun, 2022 12:52pm
Print Two ADB executive directors due today ISLAMABAD: Two Executive Directors of Asian Development Bank (ADB), Dr Wan Farisan Bin Wan Sulaiman (representing... Updated 14 May, 2022 09:47am
Print 1HFY22: $8.48bn commitment agreements inked Economic Affairs Division releases quarterly report on foreign economic assistance for July–December 2021 Updated 13 May, 2022 09:25am
Editorials The PTI govt’s debt profile EDITORIAL: Pakistan procured 12,767 million dollar loans July-March 2021-22 (provisional) against the budgeted ... Published 25 Apr, 2022 05:42am
Business & Finance July-March 2021-22: Country incurs foreign debt of $12.767bn ISLAMABAD: Pakistan incurred foreign debt of US 12.767 billion dollars from multiple financing sources in the first... Published 21 Apr, 2022 05:26am
Print ECC to meet today to take up 7 key proposals ISLAMABAD: Finance Minister Shaukat Tarin has convened a meeting of the Economic Coordination Committee (ECC) of the... Updated 15 Mar, 2022 10:12am
Print G-20 DSSI framework: EAD, Saudi Fund sign two debt suspension pacts ISLAMABAD: The Economic Affairs Division, government of Pakistan and the Saudi Fund for Development (SFD) signed two... Updated 04 Mar, 2022 10:05am
Print Rescheduling of accords under DSSI: EAD creates fiscal space of $4bn ISLAMABAD: The Economic Affairs Division (EAD) has created a fiscal space of $4 billion through negotiations for... Updated 22 Feb, 2022 11:23am
Pakistan $5bn new loans: clarification by EAD ISLAMABAD: The Economic Affairs Division (EAD) on Monday clarified its position on obtaining $5 billion new loans... Published 01 Feb, 2022 04:07am
Pakistan Application submitted to China on Nov 25, 2020: Pakistan still awaiting $2.43bn loan payment, Senate told ISLAMABAD: Pakistan requested China for provision of $ 2.43 billion loan more than a year ago but the payment of the... Published 19 Jan, 2022 06:15am
Print Fast-track basis: China, Pakistan agree to promote investment, industrial cooperation ISLAMABAD: Pakistan and China on Wednesday agreed to promote investment, industrial cooperation on a fast-track... Updated 09 Dec, 2021 03:31pm
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