loan

World Bank approves $825-million loan for Pakistan infrastructure

KARACHI: The World Bank has granted Pakistan an $825-million loan to upgrade the energy and… Read More

Lender kills minor girl in loan repayment row

FAISALABAD: A six-year-old girl was killed in Faisalabad when a loan shark opened fire at… Read More

LHC orders auction of Ittefaq Textile Mill for bank loan default

LAHORE: In another blow to the Sharif family, the Lahore High Court (LHC) on Monday… Read More

Man sells small daughter to landlord over loan dispute

BADIN: A man in Badin sold his little daughter to a landlord after failing to… Read More

IMF to launch new form of aid — with no money

WASHINGTON: The International Monetary Fund announced on Wednesday it will launch a new tool to support… Read More

Sri Lanka says it secures $1.34 bn World Bank loan

COLOMBO: Sri Lanka has secured $1.34 billion in loans from the World Bank to boost… Read More

KP govt bans interest on private loans

PESHAWAR: The Khyber Pakhtunkhwa (KP) government through an act banned interest on private loans. Read More

ADB approves $810m for Pakistan’s energy sector overhaul

ISLAMABAD: The Asian Development Bank (ADB) has approved an $810 million multi-tranche financing facility to… Read More

IMF agrees $12 billion loan to boost Egypt economy

CAIRO: The International Monetary Fund said Thursday that it had reached an initial agreement to… Read More

Saudi Binladin seeks loan extension after Grand Mosque payment delay

RIYADH: Saudi Binladin Group has asked for an extension on an 817 million riyal ($217.8… Read More

ADB to provide $100m to Pakistan for motorway construction

ISLAMABAD: The Asian Development Bank (ADB) will provide US $ 100 million for the construction… Read More

Japan to give $ 59m loan to Pakistan for polio eradication

ISLAMABAD: Japan will provide about  US $59 million as soft loan to Pakistan for eradication… Read More

Govt promoting youth towards micro-businesses, says Punjab minister

LAHORE: Punjab's Finance Minister Dr. Ayesha Ghaus Pasha has stated that thousands of people have… Read More

Pakistan to get $510mn tranche of IMF loan: officials

ISLAMABAD: The International Monetary Fund announced on Thursday that it would release to Pakistan a… Read More

IMF announces $1.5bn loan for Sri Lanka

COLOMBO: The IMF has agreed a $1.5 billion loan for Sri Lanka in support of… Read More

Saudi to take $10 billion foreign loan: report

RIYADH: Saudi Arabia will take a $10 billion loan from foreign banks to help close… Read More

IMF approves next installment of loan to Pakistan

ISLAMABAD: International Monetary Fund (IMF) on Friday approved the next grant of $502 milllion for… Read More

Pakistan risks default as $50bn debt due this year

ISLAMABAD: Pakistan is facing a looming threat of defaulting on its debt despite recent improvement in… Read More

Police arrest landowner for chopping off teen farmer’s hands

LAHORE: Police have arrested a locally powerful landowner and two accomplices for allegedly chopping off… Read More

IMF approves $500m loan tranche for Pakistan

DUBAI: International Monetary Fund has approved the 10th tranche of about $ 500 million for… Read More