Pakistan to receive loan from IMF to retire debts in FY22

Islamabad: In the coming fiscal year, the government intends to borrow roughly $16 billion in gross foreign loans to cover maturing external public debt and finance the budget deficit. According to Ministry of Finance sources, the expected $15.7 billion borrowings in fiscal year 2021-22 are roughly 10% higher than this year’s revised estimates of foreign …

Is ACCA Topper’s achievement overshadowed by the Pawri girl video?

It has almost been two weeks now since we are seeing the viral video of the social media influencer Mobeen as she shared the short clip of her enjoying the trip. See more But amidst the chanting of “pawri horae hei” we seemed to forget the biggest achievement by the Zara Naeem Dar. Zara Naeem …

Pakistan receives a loan of $304 million from the World Bank

Karachi: The Economic Affairs Minister Makhdoom Khusro Bhakhtiar stated that the government of Pakistan is ready to make efforts in improving fiscal management. This will be done by increasing domestic revenues and investing in development initiatives. The Minister was speaking at the event where a $304 m loan has been lent from the World Bank, …

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