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Iraq, second marriage, loan, Iraqi bank marriage loan

Iraqi bank offers 10 million dinar loan for second marriage

Iraq’s Al-Rasheed Bank announced a loan of 10 million Iraqi dinars ($8,389) for civil servants marrying for the second time. The bank said those seeking the loan...

Pakistan, Saudi Arabia, China, loan, Pakistan loan Saudi Arabia

Pakistan pays back $1b Saudi loan with $1bn Chinese loan

Pakistan has paid back Saudi Arabia $1 billion out of a $3 billion loan that it secured one and a half year ago to avoid default on international debt obligations after...

Pakistan, World Bank, loan

Pakistan gets $500 million from World Bank

Pakistan received $505 million from the World Bank, the State Bank of Pakistan said in a statement on Tuesday (July 28). The country has been taking loans from...

Pakistan, debt, relief, IMF, World Bank, Imran Khan, loan, Pakistan debt relief

Will Pakistan get debt relief in the wake of global virus outbreak?

Major international creditors will suspend debt payments this year for the world’s poorest countries, who will be hit hardest by the rapidly spreading coronavirus...

Pakistan, IMF, loan, tranche

Pakistan looks to get IMF’s next $452m tranche

Pakistan’s Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh and Governor State Bank of Pakistan (SBP) Dr Reza Baqir have signed Letter of Intent (LoI) and...

Pakistan, ADB, loan agreement, loan, Asian Development Bank

Pakistan ink $1.3 billion loan agreement with ADB

The Asian Development Bank (ADB) and Pakistan on Monday struck a loan agreement of $1.3 billion for budgetary support and reforms of the country. This will help...

ADB, Pakistan, loan

ADB approves loans worth $1.3 billion for Pakistan

The Asian Development Bank (ADB) on Dec 6 approved two loans of $1.3 billion in total for budgetary support and key reforms in Pakistan. The Asian Development Bank (ADB)...

Pakistan, China, owe, money, loan, Pakistan China

Pakistan will have to pay China more money than it owes to IMF

Pakistan needs to repay China more than double the amount it owes the International Monetary Fund in the next three years, as loans racked-up to boost foreign exchange...

UAE, Ajman Bank, loan, Pakistan

UAE’s Ajman Bank says it arranged $275mn loan for Pakistan

Story by Reuters UAE-based Ajman Bank arranged a syndicated financing of $275 million for the government of Pakistan in May, the bank said on Monday. A number of banks...

gas

Pakistan raises gas prices up to 200% ahead of IMF loan decision

Story by Reuters Pakistan on July 1 increased natural gas prices by up to 200%, shortly before the International Monetary Fund (IMF) was due to decide whether to approve...