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04

Feb
Print Media

Rupee posts biggest rise over dollar in a month

By Shahid Iqbal Published in DAWN on February 04, 2022 KARACHI: The exchange rate got the much-needed boost on Thursday, as the rupee jumped 0.51 per cent against the US dollar after the International Monetary Fund (IMF) approved a $1 billion loan as part of a bailout package to Pakistan. […]

Print Media

Without structural reforms, CPEC won’t yield results, says ADB

By Khaleeq Kiani Published in DAWN on February 03, 2022 ISLAMABAD: Pakistan can harness its strategic geopolitical potential, improve regional and international economic connectivity and become an economic hub for Asia if the $60 billion China-Pakistan Economic Corridor (CPEC) is implemented successfully, but without structural reforms the country will not[…]

03

Feb
Print Media

IMF okays 6th review, ready to release $1bn tranche

By Anwar Iqbal Published in DAWN on February 03, 2022 WASHINGTON: The International Monetary Fund (IMF) on Wednesday approved the completion of the sixth review of its programme for Pakistan under the Extended Fund Facility (EFF). The completion of this review allows for an immediate disbursement of SDR 750 million[…]

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