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Pakistan, Saudi Fund for Development and IMF
Pakistan to defer $1.2bn oil payment to Saudi to boost forex reserve ahead of IMF review
Prime Minister Shehbaz welcomed the signing of the oil import financing facility, the Prime Minister’s Office (PMO) said in a statement, adding that Pakistan will receive the oil on deferred payment f
Saudi Arabia defers Pakistan’s oil dues ahead of IMF review
Saudi Arabia has granted Pakistan an oil import financing facility, deferring oil payment of $1.2 billion by one year. The Saudi Fund for Development CEO Sultan Bin Abdul Rehman Al Marshad and Kazim Niaz,
Pakistan signs agreement to defer $1.2 billion payment for Saudi oil
Pakistan on Monday signed an agreement with the Saudi Fund for Development to defer by one year a $1.2 billion payment on the country's oil imports, the country's prime minister office said.
Saudi Fund for Development signs $1.2 billion financing agreement with Pakistan for oil imports
The Saudi Fund for Development (SFD) Chief Executive Sultan Al-Marshad and Pakistani Secretary for Ministry of Economic Affairs Dr. Kazim Niaz signed a $1.2 billion financing agreement for the import of oil derivatives.
23h
IMF to Finally Reveal Bailout Review Date After Breakthrough in Sindh Agriculture Tax Law
President Asif Ali Zardari and Deputy Prime Minister Ishaq Dar brokered a breakthrough behind the scenes to make the Sindh Cabinet approve the new ...
Business Recorder
4d
IMF review: challenges, and uncertainties
The IMF review mission is expected to arrive by the end of February to conduct the first semi-annual review of ...
3d
Pakistan Jan consumer inflation eases to 9-year low
Pakistan's consumer inflation rate fell to its lowest in more than nine years, dropping to 2.4% year-on-year in January, the ...
money.rediff
1d
Pakistan Exports Uncompetitive After Gas Price Hike: Report
Pakistan's gas price hike for industries has made exports uncompetitive, jeopardizing the USD 60 billion export target and threatening investment in manufacturing. The move, though meeting IMF ...
Samaa
6d
IMF team to visit Pakistan twice before June for economic review
The IMF delegation is set to visit Pakistan twice before June to review economic performance and discuss key financial ...
1d
Pakistan exports become uncompetitive after gas prices doubled: Report
Pakistani exports at risk as government doubles gas prices, jeopardizing $60 billion export target and increasing ...
devdiscourse
3d
Pakistan's Inflation Plummets to Historic Lows: A Turning Point?
Pakistan's consumer inflation rate dropped to 2.4% in January, the lowest in over nine years, aided by currency stability and ...
Samaa
9d
IMF team to evaluate Pakistan’s economic progress next month
Finance Minister Muhammad Aurangzeb had previously indicated that an IMF delegation would visit Pakistan next month.
1d
US introduces bipartisan bill to secure Taiwan's membership in IMF
The bill urges the IMF to allow Taiwan to take part in its activities, offer employment opportunities for Taiwanese citizens, ...
devdiscourse
2d
Sharif's Vision: Propelling Pakistan's Economy Forward
Pakistan's Prime Minister Shehbaz Sharif reiterated his commitment to economic growth, highlighting reduced inflation and ...
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