A customer at a foreign exchange outlet in Mirpur, Pakistan. Agence France-Presse
The Asian Development Bank (ADB) would provide a loan of $3.4 billion to Pakistan for budgetary support, a Minister has confirmed. The announcement was made by federal Minister for Planning,
The tranches were fully subscribed by a syndicate of leading UAE banks, the government statement said.
Despite repeated warnings and announcements from Prime Minister Imran Khan and other top functionaries of the government, the response on tax amnesty scheme is dismally low as so far over 2,000 declarations
Prime Minister Imran Khan has participated in Geo News’ special transmission on asset declaration scheme. He and his finance team responded to questions from the chambers of commerce of Karachi, Lahore, Faisalabad, and Balochistan in the live transmission.
The foreign investments in India increased to $443 million in the financial year 2019 from $224 million in financial year 2018. Poised to be the third largest consumer retail destination in the world, India is now an attractive investment destination for retail.
Warren Buffett’s Berkshire Hathaway Inc posted a 23 per cent decrease in quarterly operating profit, while soaring prices in stock holdings such as Apple Inc enabled the conglomerate to smash its old record for full-year earnings.
Argentina on Saturday agreed to start consultations with the International Monetary Fund that could lead to a new financing programme, days after the global lender said the country’s debt situation had become “unsustainable”.