Search result for 'external financing'

Pakistan's IMF Program: USD 100 Billion Financing Needs

January 30, 2025 17:17

Pakistan faces USD 100 billion external financing needs and cannot afford to exit the IMF program. The country relies heavily on foreign creditors and struggles to meet tax targets.

Saudi Arabia Extends Pakistan Loan for Another Year

December 6, 2024 16:17

Saudi Arabia has extended a USD 3 billion loan to Pakistan for another year, providing crucial financial support to the cash-strapped nation. The move comes as Pakistan faces mounting debt...

Pakistan Assures IMF of Chinese, Saudi Aid for Funding Gap

November 14, 2024 17:01

Pakistan has assured the IMF it will receive debt rescheduling from China and oil from Saudi Arabia on deferred payments to fill a USD 5 billion external funding gap. The IMF is considering...

Pakistan to Repay USD 30 Billion Debt in FY25

October 14, 2024 12:07

Pakistan's central bank reveals the country will repay USD 30.35 billion in foreign debt and interest in FY25. This includes maturing foreign debt and interest payments. The country's foreign...

ADB: IMF Deal to Boost Pakistan's Growth - Economic Reforms Key

September 25, 2024 19:27

The Asian Development Bank (ADB) says Pakistan's economic reforms supported by an IMF deal will accelerate growth and ease inflation. The report highlights the IMF's role in economic stability and...

Pakistan Faces USD 100 Billion Debt Repayment in 4 Years

September 20, 2024 16:55

Pakistan faces a staggering USD 100 billion external debt repayment over the next four years, raising concerns about its ability to manage the financial burden.

India Committed to Reducing Budget Deficit: Fitch

September 10, 2024 18:17

Fitch Ratings says India remains committed to reducing its budget deficit despite focus on public spending. The agency highlights India's fiscal credibility and its preference for consolidation.

Domestic Savings to Remain Top Lender: RBI

September 3, 2024 14:21

RBI Deputy Governor Patra says domestic savings will continue to be the main source of financing for India's economy in the coming decades, despite recent changes in household savings patterns.

Domestic Saving to Remain Top Lender in India: RBI

September 3, 2024 14:20

RBI Deputy Governor Michael Patra says domestic saving will continue to be the primary source of financing for India's economy in the coming decades, driven by rising incomes and household wealth.

Pakistan Seeks USD 4 Billion Loan from Middle East Banks

August 23, 2024 15:49

Pakistan seeks a USD 4 billion loan from Middle East banks to meet financial obligations, as the IMF approval of a USD 7 billion EFF is delayed. The country also faces high financing costs due to...

India's Forex Reserves Hit Record High of $675 Billion - RBI Governor

August 8, 2024 11:28

India's foreign exchange reserves reached a record high of USD 675 billion on August 2, according to RBI Governor Shaktikanta Das. The previous high was USD 670.857 billion on July 19.

Pakistan Secures Debt Rollover, IMF Bailout Imminent

August 7, 2024 16:15

China, Saudi Arabia, and the UAE agree to roll over USD 12 billion in debt for Pakistan, paving the way for a USD 7 billion IMF bailout package.

Pakistan Seeks Debt Reprofiling with China, Saudi Arabia, UAE

July 29, 2024 11:38

Pakistan seeks to re-profile over USD 27 billion in debt with China, Saudi Arabia and UAE to secure IMF bailout. This includes extending maturity periods of loans and converting energy sector...

India Remittances to Grow 3.7% in 2024 to $124 Billion: Eco Survey

July 22, 2024 13:52

India's remittances, a key source of external financing, are projected to rise to $124 billion in 2024, driven by strong labor markets and diversification of migrant workforce.

Pakistan to Borrow USD 23 Billion in FY24: Report

June 13, 2024 13:34

Pakistan plans to borrow USD 23 billion in FY24, including debt rollovers, to finance development plans and meet external financing requirements. The country's economic policies remain reliant on...

IMF Mission to Meet Pakistan for Economic Support

May 12, 2024 20:18

An IMF mission will visit Pakistan next week to discuss economic reforms and a potential new bailout package, aiming for better governance and stronger economic growth.

Pakistan Finance Minister: Privatisation Key to Economic Stability

May 12, 2024 18:11

Pakistan's Finance Minister emphasizes the need for privatization to achieve economic stability, amidst talks with the IMF for a fresh bailout package. Learn more about the government's plans for...

IMF Doubts Pakistan's Repayment Capacity as Support Team Arrives

May 11, 2024 11:18

The IMF expresses serious doubts about Pakistan's ability to repay its debts, highlighting risks from delayed reforms and high public debt. A support team has arrived in Islamabad to discuss a...

IMF Bailout Talks: Pakistan Seeks Larger Package

May 10, 2024 16:53

An IMF advance team has arrived in Pakistan to discuss a larger and longer bailout package. The IMF review mission is scheduled for May 16, with negotiations for a new loan program expected to...

Pakistan Seeks Debt Rollover Ahead of IMF Talks

May 10, 2024 11:52

Pakistan plans to secure USD 12 billion in debt rollovers from China, Saudi Arabia, and the UAE to meet budget targets before IMF talks. The country is facing a significant external financing gap.

Climate Finance Stalled at World Bank & IMF Meetings | COP29 Concerns

April 21, 2024 11:03

The World Bank and IMF meetings concluded without a concrete climate finance plan, raising concerns about meeting the USD 100 billion goal and addressing the trillions needed for climate action....

Pakistan's Political Uncertainty Threatens IMF Deal - Fitch

February 19, 2024 22:42

Fitch Ratings warns that Pakistan's political uncertainty could hamper its efforts to secure an IMF deal, putting the country's economic stability at risk.

Rs 6,000 Crore Fishery Scheme Approved, FIDF Extended

February 8, 2024 21:57

India's Cabinet approves a Rs 6,000 crore scheme for fisheries formalization and extends the Fisheries Infrastructure Development Fund for another 3 years.

Pakistan Seeks USD 2 Billion Loan from China

January 27, 2024 16:37

Pakistan requests a USD 2 billion loan from China to alleviate its economic crisis, seeking debt rollover and further financial assistance.

Vedanta Resources Downgraded to 'Selective Default' by S&P

January 12, 2024 18:07

S&P Global Ratings has downgraded Vedanta Resources to 'selective default' after the company extended the maturities of its dollar bonds. The rating agency views the transaction as distressed,...

India's Forex Reserves Crosses $600 Billion Mark - PTI

December 8, 2023 12:43

India's foreign exchange reserves surpassed USD 600 billion on December 1, 2023, after a gap of four months, reaching USD 604 billion. RBI Governor Shaktikanta Das attributed the rise to robust...

RBI Monetary Policy: Interest Rates, GDP Growth & More

December 8, 2023 11:26

The Reserve Bank of India (RBI) has kept the benchmark interest rate unchanged at 6.5%, hiked GDP growth projection to 7% for the current fiscal, and proposed to enhance UPI transaction limits for...

India Fruit Exports Surge 47% in 5 Years: Govt

INOX Air Products Launches First Green Hydrogen Plant in India

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Search result for 'external financing'

Pakistan's IMF Program: USD 100 Billion Financing Needs

Saudi Arabia Extends Pakistan Loan for Another Year

Pakistan Assures IMF of Chinese, Saudi Aid for Funding Gap

Pakistan to Repay USD 30 Billion Debt in FY25

ADB: IMF Deal to Boost Pakistan's Growth - Economic Reforms Key

Pakistan Faces USD 100 Billion Debt Repayment in 4 Years

India Committed to Reducing Budget Deficit: Fitch

Domestic Savings to Remain Top Lender: RBI

Domestic Saving to Remain Top Lender in India: RBI

Pakistan Seeks USD 4 Billion Loan from Middle East Banks

India's Forex Reserves Hit Record High of $675 Billion - RBI Governor

Pakistan Secures Debt Rollover, IMF Bailout Imminent

Pakistan Seeks Debt Reprofiling with China, Saudi Arabia, UAE

India Remittances to Grow 3.7% in 2024 to $124 Billion: Eco Survey

Pakistan to Borrow USD 23 Billion in FY24: Report

IMF Mission to Meet Pakistan for Economic Support

Pakistan Finance Minister: Privatisation Key to Economic Stability

IMF Doubts Pakistan's Repayment Capacity as Support Team Arrives

IMF Bailout Talks: Pakistan Seeks Larger Package

Pakistan Seeks Debt Rollover Ahead of IMF Talks

Climate Finance Stalled at World Bank & IMF Meetings | COP29 Concerns

Pakistan's Political Uncertainty Threatens IMF Deal - Fitch

Rs 6,000 Crore Fishery Scheme Approved, FIDF Extended

Pakistan Seeks USD 2 Billion Loan from China

Vedanta Resources Downgraded to 'Selective Default' by S&P

India's Forex Reserves Crosses $600 Billion Mark - PTI

RBI Monetary Policy: Interest Rates, GDP Growth & More

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