Topic

poor countries

World Bank, IMF back debt framework changes for poor countries

Published 21 Sep, 2026 09:38pm

World Bank and IMF approved joint reforms to strengthen debt sustainability assessments for low-income countries, operational by late 2027

Poorest countries: Biden pledges record $4bn to World Bank fund

Published 19 Nov, 2024 06:35am

WASHINGTON: US President Joe Biden pledged a $4 billion US contribution to the World Bank’s International...

Poorer countries: Lenders set $120bn climate finance goal

Published 13 Nov, 2024 06:33am

BAKU: The world’s top multilateral banks pledged to ramp up climate finance to low and middle income countries to...

UN report says 1.1bn people in acute poverty

Published 18 Oct, 2024 06:10am

UNITED NATIONS: More than one billion people are living in acute poverty across the globe, a UN Development Program...

Russia exits deal for export of Ukrainian grain

Updated 18 Jul, 2023 09:05am

KYIV: Russia halted participation on Monday in the year-old UN-brokered deal that lets Ukraine export grain through...

China's debt relief to poor countries slows amid continuing appeals for support

Updated 30 Jun, 2023 09:59am

BEIJING: The value of Chinese debt relief decreased by over 50% between 2021 and 2022, a report from Rhodium Group...

World Bank unveils debt payment pause for disaster-hit countries

Published 22 Jun, 2023 07:25pm

PARIS: The World Bank chief announced a raft of measures on Thursday to aid countries hit by natural disasters,...

IMF has hit $100bn target of SDRs for vulnerable countries: Georgieva

Published 22 Jun, 2023 06:58pm

PARIS: The International Monetary Fund has reached its target of making $100 billion in special drawing rights...

IMF, others should give $100bn climate FX guarantee

Published 27 May, 2023 06:09am

LONDON: A top-level meeting in Paris next month will lay out a $100 billion plan to drive more money into climate ...

World’s poor paying more for less food: UN

Published 10 Jun, 2022 06:16am

PARIS: Poor countries are expected to suffer the most from worldwide food crises exacerbated by the war in Ukraine ...

Poor countries face food, energy, finance crises due to Ukraine war, UN chief says

Published 13 Apr, 2022 09:42pm

UNITED NATIONS: Poor countries face economic ruin from simultaneous crises of food, energy and finance due to supply...

World Bank economist warns of dangers of ignoring growing debt

Published 15 Feb, 2022 06:12pm

WASHINGTON: Delays in dealing with the growing debt burden in poor countries seems unlikely to be resolved by the...

World Bank's Malpass says G20 must speed up work on debt of poor countries

Published 30 Oct, 2021 10:01pm

ROME: World Bank President David Malpass on Saturday called on leaders of the Group of 20 rich nations to speed up...

World Bank seeks $100bn in donations to address 'tragic reversals' in development

Published 11 Oct, 2021 07:33pm

WASHINGTON: The World Bank hopes to raise $100 billion in donations for the International Development Association...

Poor countries' debt rose 12% to record $860bn in 2020: World Bank

Published 11 Oct, 2021 06:40pm

WASHINGTON: The debt burden of the world's low-income countries rose 12% to a record $860 billion in 2020 as...

IMF approves fourth round of debt relief for poor countries

Published 08 Oct, 2021 09:02pm

This debt service relief helps free up scarce financial resources for vital health, social and economic support to mitigate the impact of the COVID-19 pandemic, says IMF

Massive imports to add to country's economic woes: PBIF

Published 25 Sep, 2021 04:59am

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum ...

It is the rich countries, stupid!

Published 07 Jul, 2021 04:28am

The sword of Financial Action Task Force (FATF) is continuing to hang over the head of Pakistan, not because...

WHO's Tedros says vaccine shortage in poor countries a global failure

Published 26 Jun, 2021 12:18am

"It's not hesitancy. It's lack of vaccines. And the situation in many low-income countries, especially Africa, it's very worrisome," Tedros Adhanom Ghebreyesus said.

Mariam says it is essential to spread information in different languages to the people especially in the pandemic situation to save lives
Action should be taken against the misuse of UN processes by some NGOs and some other entities that spread fake news and misinformation: Press councilor

WHO hopes to start vaccination in poorer countries in Feb

Published 12 Jan, 2021 12:03am

He said the COVAX programme could begin vaccinating people in February, and there was an effort to speed it up so some vaccinations in poor countries could take place this month.

New kinds of loans and bonds could fill $28 billion COVID funding gap: WHO

Published 15 Dec, 2020 05:01pm

The WHO and GAVI vaccine alliance aim to provide poor and middle-income countries with diagnostic tests and vaccines through a fund known as the Access to COVID-19 Tools (ACT) Accelerator
Senior WHO adviser says financing is what stands between us and getting out of this pandemic as rapidly as possible

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 29	277.32
USD PKR Interbank Buying / Sep 29	277.12
USD to Japanese Yen / Sep 30	157.03
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.32
Euro to USD / Sep 30	1.13
SOFR % / Sep 28	3.90

Stock	Volume
S&P 500 / Sep 29	7,670.84
Nasdaq / Sep 29	26,797.54
Dow Jones / Sep 29	51,349.92
India Sensex / Sep 30	72,729.39
Tokyo Nikkei / Sep 30	66,728.56
Hang Seng / Sep 30	24,534.37
FTSE 100 / Sep 30	10,714.17
Germany DAX 30 / Sep 30	25,546.29
France CAC40 / Sep 30	8,055.71

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 29	18,780
Gold 10 Grams PKR / Sep 29	374,945
Crude Oil USD/Barrel / Sep 30	89.69
Gold Spot USD/Ounce / Sep 30	4,309.98
Cotton US¢/pound / Sep 30	79.18
Petrol/Litre / Oct 1	387.54
Diesel/Litre / Oct 1	402.24

Gainers
Losers
Leaders

Stock	Price
Colony Tex.Mills Ltd / Sep 30 Colony Textile Mills Limited(CTM)	7.26 ▲ 1 (15.97%)
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	5.73 ▲ 0.77 (15.52%)
Lse Spac-I Ltd. / Sep 30 Lse Spac-I Limited(SPAC1)	20.41 ▲ 1.86 (10.03%)
Tri-Star Mutual / Sep 30 Tri-Star Mutual Fund Limited(TSMF)	16.57 ▲ 1.51 (10.03%)
Sindh Modaraba / Sep 30 Sindh Modaraba(SINDM)	33.28 ▲ 3.03 (10.02%)
Ghazi Fabrics / Sep 30 Ghazi Fabrics International Limited(GFIL)	26.38 ▲ 2.4 (10.01%)
Asim Textile / Sep 30 Asim Textile Mills Limited(ASTM)	113.96 ▲ 10.36 (10%)
Dadex Eternit / Sep 30 Dadex Eternit Limited(DADX)	150.32 ▲ 13.67 (10%)
First Punjab Modaraba / Sep 30 First Punjab Modaraba(FPJM)	29.04 ▲ 2.64 (10%)
Oilboy Energy / Sep 30 Oilboy Energy Limited(OBOY)	18.59 ▲ 1.69 (10%)

Stock	Price
Ashfaq Textile / Sep 30 Ashfaq Textile Mills Limited(ASHT)	50.57 ▼ -5.62 (-10%)
Ghani Chemworld Limited(PRS) / Sep 30 Ghani Chemworld Limited(PRS)(GCWLPRS)	118.83 ▼ -13.16 (-9.97%)
Burj Clean Energy Modaraba / Sep 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	11.25 ▼ -1.15 (-9.27%)
The Thal Ind.Corp. / Sep 30 The Thal Industries Corporation Limited(TICL)	918.13 ▼ -92.07 (-9.11%)
Pakistan Services / Sep 30 Pakistan Services Limited(PSEL)	1,019.63 ▼ -99.15 (-8.86%)
Mandviwala / Sep 30 Mandviwala Mauser Plastic Industries(MWMP)	77.07 ▼ -7.14 (-8.48%)
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	23.41 ▼ -1.84 (-7.29%)
D.M. Corporation / Sep 30 D.M. Corporation Limited(DMC)	165.33 ▼ -11.63 (-6.57%)
Cordoba Logistics / Sep 30 Cordoba Logistics & Ventures Limited(CLVL)	28.32 ▼ -1.94 (-6.41%)
EMCO Industries / Sep 30 Emco Industries Limited(EMCO)	32.10 ▼ -1.93 (-5.67%)

Stock	Volume
Pak Int.Bulk / Sep 30 Pakistan International Bulk Terminal(PIBTL)	73,446,994 ▲ 0.11
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	58,387,095 ▲ 0.77
Tasdeeq Info. Serv. / Sep 30 Tasdeeq Information Services Limited(TISL)	50,882,891 ▼ -0.09
Cnergyico PK / Sep 30 Cnergyico PK Limited(CNERGY)	28,308,841 ▲ 0.03
D.S. Ind. Ltd. / Sep 30 D.S. Industries Limited(DSIL)	21,823,804 ▲ 1.27
Arif Habib Corp / Sep 30 Arif Habib Corporation Limited(AHCL)	17,873,579 ▲ 0.1
Pak Refinery / Sep 30 Pakistan Refinery Limited(PRL)	17,817,038 ▲ 0.45
WorldCall Telecom / Sep 30 Worldcall Telecom Limited(WTL)	17,431,935 ▼ -0.01
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	16,575,953 ▼ -1.84
F. Nat.Equities / Sep 30 First National Equities Limited(FNEL)	14,238,200 ▲ 0

poor countries

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