SINGAPORE (Reuters) - Pakistan is in informal discussions with the International Monetary Fund and other bodies over a $10-$15 billion (5.8-8.7 billion pound) package designed to stabilise its economy and avoid a balance of payments crisis, the Financial Times reported on Tuesday.
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Pakistan is in informal discussions with the International Monetary Fund and other bodies over a $10-$15 billion (5.8 - 8.7 billion pounds) package designed to stabilise its economy and avoid a balance of payments crisis, the Financial Times reported on Tuesday.
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NEW DELHI, India (AP) — India and Pakistan are set to open a trade route between the two sides of the divided Himalayan region of Kashmir for the first time in six decades.
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Oct. 21 (Bloomberg) — Pakistan may need as much as $10 billion from donors over the next two years to avoid defaulting on its debts, the International Monetary Fund said.
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Pakistan is in informal discussions with the International Monetary Fund and other bodies over a $10-$15 billion package designed to stabilize its economy and avoid a balance of payments crisis, the Financial Times reported on Tuesday.
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Oct. 21 (Bloomberg) — Pakistan restored the “writ of the government” in parts of Bajaur tribal region bordering Afghanistan, a week after the military said it controls most of the Swat Valley after killing or ousting pro-Taliban militants.
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Pakistan’s new government appears committed to the fight against al-Qaida and the Taliban, a top U.S. envoy said while dismissing reports of peace talks with militants in neighboring Afghanistan.
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ISLAMABAD: A Punjab minister has taken up the case of the politically-victimised police officer from Okara and as a result Chief Minister Shahbaz Shar
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Pakistan News
KARACHI: Commercial banks operating in Pakistan have offered to provide fresh financing to local bourse. This was agreed after a meeting between commercial banks and the State Bank of Pakistan (SBP) here on Monday.Talking to Geo News, President Muslim Commercial Bank (MCB) Atif Bajwa also confirmed the news.He said the announcement of Rs270 billion bailout package by SBP has resolved the problem of liquidity crunch in the banking system. This amount is sufficient to last till March next year, he added.
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Pakistan News
ISLAMABAD: President Asif Ali Zardari and Prime Minister Syed Yousuf Raza Gilani on Monday jointly chaired a preliminary meeting of the core group of
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