Pakistani USB

Pakistani USB This page is created to share the daily new updates of pakistan.

If you want to add your post on the basis of sponser ship on my page then contact me on whatsapp or message inbox.

29/08/2022



Pakistan will receive $2 billion from Qatar in bilateral support to help ease the South Asian nation’s funding crunch an...
23/08/2022

Pakistan will receive $2 billion from Qatar in bilateral support to help ease the South Asian nation’s funding crunch and the consequent risk of a default.

The South Asian nation will also get $1 billion in oil financing from Saudi Arabia and a similar amount in investments from the UAE. All the funds are expected over twelve months, Murtaza Syed, acting governor at the State Bank of Pakistan said in a briefing. Pakistan Prime Minister Shehbaz Sharif is visiting Qatar on Aug. 23 and 24. An announcement of the assistance may or may not be announced during the trip, Syed said.

The pledges come before an IMF board meeting on Aug. 29 that could lead to the release of $1.2 billion in financing. Arab nations had committed to supporting Pakistan only after it secured an IMF program, while the Washington-based lender has been seeking a commitment from Saudi Arabia.

The Pakistan rupee is the best performer globally this month and has gained 11% since dropping to a record low last month as worries over a possible default fade, according to data tracked by Bloomberg.

21/08/2022
19/08/2022

19/08/2022

18/08/2022

17/08/2022

16/08/2022

Address

Ali Town
Faisalabad
38000

Telephone

+923267684508

Website

Alerts

Be the first to know and let us send you an email when Pakistani USB posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Pakistani USB:

Shortcuts

Share

Category