China loaned another $600 million: Prime Minister
Islamabad: Prime Minister Shahbaz Sharif has said that China’s Exim Bank has given another loan of 600 million dollars, which has increased the country’s foreign exchange reserves.
Business
Pakistan Refinery Limited is ready to buy shares of Airlink Shell Pakistan.
Pakistan Refinery Ltd and Airlink Communications are looking to buy stakes in Shell Pakistan, a stock filing revealed on Monday.
Australia has named its first woman to head its central bank.
For the first time since it was established in 1960, Australia’s central bank reports that a woman will serve as its president.
The European Union has approved US chipmaker Broadcom’s $61 billion takeover of VMware.
The European Commission on Wednesday approved US chipmaker Broadcom’s $61 billion takeover of cloud computing firm VMware, subject to certain commitments from the company to ease competition concerns. Approved.
Big news for the country’s economy, Pakistan got 2 billion dollars from Saudi Arabia.
Islamabad: Pakistan received 2 billion dollars from Saudi Arabia, Ishaq Dar thanked the Saudi leadership on behalf of the Prime Minister and Army Chief.
Work is underway to expand CPEC as Pakistan eyes much-needed investment.
Both Islamabad and Beijing are keen to expand the China-Pakistan Economic Corridor (CPEC) for different reasons – the former’s dire need for foreign investment and the latter’s desire to expand its geopolitical influence. done
Turkey dramatically increased interest rates to curb inflation.
Turkey’s central bank has raised interest rates after a long period.
Shahbaz told Georgieva that Pakistan has fulfilled all obligations under the 9th review of the IMF agreement.
PARIS: Prime Minister Shahbaz Sharif on Thursday assured IMF Managing Director Kristalina Georgieva of meeting all requirements under the stalled loan program, saying the release of the tranche would bring economic stability to Pakistan and help the people. Help will come. There will be relief. will get.
Deadlock in the IMF deal, Pakistan asked for help from the US
ISLAMABAD: Finance Minister Ishaq Dar has requested US Ambassador to Pakistan Donald Bloom to play a role in the agreement between Pakistan and IMF.
Banks to observe normal banking on June 24: State Bank
Bank branches will observe regular banking hours till June 24 (Saturday) at 5:30 pm to facilitate the collection of government duties and taxes while an online payment facility will also be ensured around the clock.
