Pakistan has received $500 million from the Industrial and Commercial Bank of China Ltd (ICBC), Federal Minister for Finance and Revenue Ishaq Dar confirmed on late Friday. The friendly country has extended the tranche after Islamabad fulfilled almost all the tough conditions for the revival of the IMF loan programme.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Central banks boost global dollar liquidity

The US Federal Reserve and other major central banks have announced a…

Gold climbs above $4,600 for first time ever with geopolitical shifts

Gold rose to a new all-time high of $4,610.83 an ounce on…

Pakistan’s current account in surplus

Pakistan’s current account posted a surplus of $654 million in March after…

UAE-Pakistan’s pharmaceutical sector to work together

Islamabad: A delegation from the United Arab Emirates, led by the chairman…