The Asian Development Bank would provide a loan of $3.4 billion to Pakistan for budgetary support, a Minister has confirmed. Reuters
The National Assembly’s Standing Committee on Finance has showed dissatisfaction over the FBR’s performance to bring people into the tax system out of total 152,000 bank account details received from the Organisation for Economic Cooperation
The tranches were fully subscribed by a syndicate of leading UAE banks, the government statement said.
ISLAMABAD: The State Bank of Pakistan (SBP) has issued detailed instructions to facilitate overseas Pakistanis in order to access their bank accounts. Under the new arrangement, overseas Pakistanis can now approach their respective banks
The Asian Development Bank (ADB) approved $1 billion in immediate budget support to Pakistan to shore up the country’s public finances and help strengthen economy besides approving $300 million to support energy sector reforms.
Global markets showed more signs of stabilisation on Wednesday as investors looked past China’s coronavirus outbreak and moved back into shares from safe-haven assets
Boeing Co on Wednesday swung to its first annual loss since 1997 on mounting 737 MAX costs and indicated it would again cut production of its bigger 787 Dreamliner aircraft,
Harley-Davidson reported a decline in quarterly motorcycle revenue that outpaced Wall Street’s estimates as retail sales in the United States dived again, sending its shares lower.