World Bank Approves Additional $70 Million Credit

By Sufyan Sohail ⏐ 6 days ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The World Bank has approved an additional $70 million credit for the Pakistan Raises Revenue project, bringing the total funding to $470 million. This financing…

Pakistan shows appreciation for the suspension of $367 million in debt owed to Japan

By Ahsan Zafeer ⏐ 4 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

As reported by ARY News, Pakistan and Japan have signed a debt suspension agreement worth $367 million. Under the deal, the Pakistani government will reimburse…

Pakistan’s public debt shoots up to Rs3.7 trillion in a year: SBP

By Hamza Zakir ⏐ 4 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

With the government under pressure to reduce its reliance on short-term debt to minimize refinancing risks, it has been revealed by a recent State Bank…

Google makes so much money that it can pay Pakistan’s debt in 50 days

By Mohammad Jamal ⏐ 7 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Google’s parent company, Alphabet, reported another pretty solid profit for its first quarter of 2018. The company has continued to keep its business growing substantially…

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