Asia Pakistan The country formally requested new loans of $600 million from two Chinese banks, signalling a critical step in the ongoing negotiations with the International Monetary Fund for the disbursement of the second tranche of a $3 billion rescue package
Asia Pakistan An IMF mission will arrive this month to discuss a new 'longer-term, larger' loan programme aimed at helping the government repay billions in debt maturing this year
Asia Pakistan The Governor of the State Bank of Pakistan said that the firm commitment of the government and the SBP in responding to macroeconomic challenges has led to a significant improvement in the economy
Asia Pakistan Doctors Without Borders is deeply concerned about the rights and welfare of Afghans after authorities announced phase two of the repatriation plan; Pakistan hosts an estimated 4,4 million Afghans
Asia Pakistan Karachi is experiencing severe traffic congestion on all major roads throughout the year due to increased number of cars, undisciplined and disorderly traffic, poor road conditions, insensitive traffic management and recently sewage on roads