The Asian Development Bank (ADB) has approved a $200 million loan as additional financing to help support the government of Pakistan's flagship social protection program, Benazir Income Support Program (BISP), which supports more than 5

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The government procured $321.50 million from foreign commercial banks (around 20 percent) out of total external loans of $1.622 billion in the first two months (July-August) of 2019-20 and 50 percent more than the comparable

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Asian Development Bank (ADB) has extended its current Country Operation Business Plan (COBP) for Pakistan to 2020-2022 but slashed resource allocation for energy sector from $2.245 billion to $1.67 billion, Public Sector Management from $1.2

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The federal government's total debt (domestic and external) stocks rose by Rs 453.4 billion during the first two months of this fiscal year, mainly due to massive borrowing from domestic resources. According to State Bank

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Prime Minister Imran Khan will apprise Chinese leadership of the government's recent landmark decisions to speed up implementation of ongoing CPEC projects as well as efforts to project CPEC as a High-Quality Demonstration Project of

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The Federal Cabinet has approved amendments in tax laws relating to tax concessions/ exemptions with respect to Gwadar Port and Gwadar Free Zone, after Federal Board of Revenue (FBR) and Ministry of Maritime Affairs (MoMA)

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President Dr Arif Alvi on Monday promulgated two ordinances to set up the China-Pakistan Economic Corridor Authority and grant tax concessions to the Gwadar port and its free zone, sending a strong signal to Beijing

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Commerce Division on Monday refused to give any kind of rebate on export of refrigerators and other electric equipment due to current economic impasse. This was the crux of a meeting held in the Commerce

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Pakistan Stock Exchange Monday witnessed a bullish trend on the back of healthy buying, mainly by local investors in almost all sectors. BRIndex100 gained 78.03 points or 2.24 percent to close at 3,553.91 points. BRIndex100

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Climate protesters from Sydney to New York blocked roads Monday, sparking mass arrests, as they started two weeks of civil disobedience demanding immediate action to save the Earth from "extinction." The demonstrations, triggered by the

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