Pakistan, Afghanistan, Uzbekistan have signed a roadmap for the landmark Mazar-i-Sharif-Kabul-Peshawar railway track project. The signing ceremony for the multi-billion-dollar railway project was held in the Uzbek capital Tashkent on Tuesday. The project terms as a key step forward as it will ...

ISLAMABAD: Pakistan paid $10.4 billion on account of debt servicing of external public loans during FY20, according to an annual report on foreign economic assistance released by the Economic Affairs Division (EAD) on Friday. The report states that the PTI government paid an amount of $10.4 ...

ISLAMABAD- The Asian Development Bank (ADB) committed US $9.3 billion in financial resources in the last six months since early February when ADB started its initial response to support its developing member countries and the private sector to address the impact of the coronavirus disease ...

ISLAMABAD-Chinese President Xi Jinping has called for making the Asian Infrastructure Investment Bank a new platform that promotes development for all and facilitates the building of a community with a shared future for mankind. He was addressing via video link the opening ceremony of the fifth ...

ISLAMABAD-Pakistan has received 1.5 billion dollars in COVID-19 and development policy related assistance from the World Bank, Asian Development Bank (ADB) and Asian Infrastructure Investment Bank (AIIB). This was stated by Ministry of Finance in a tweet on Thursday. The Ministry said the Pakistan ...

ISLAMABAD - In a positive development, Pakistan Foreign Exchange Reserves increase by $1 billion. The Asian Development Bank (ADB) and the World Bank has given by $1 billion to Pakistan on Wednesday (Jun 24). According to the details, Pakistan has received $500 million each from the Asian ...

ISLAMABAD-World Bank, Asian Development Bank and the Asian Infrastructure Development Bank will provide financing worth 1.5 billion dollars to Pakistan to strengthen health system and mitigate socioeconomic impacts of the Covid-19 pandemic.  Prime Minister Imran Khan witnessed the signing ...

Islamabad: Asian Infrastructure Investment Bank will finance 511.81 million dollars for the infrastructural development in Pakistan. Talking to APP, Chief Programming officer and Senior Adviser to the President Asian Infrastructure Investment Bank Konstantin Limitovskiy said the amount has been ...

ISLAMABAD - The Asian Infrastructure Investment Bank (AIIB) has approved $112 million to improve transport and water services in Pakistan's economic hub Karachi. AIIB's latest investment is a $40mn loan approved by its Board of Directors in October to improve Karachi's water services, bringing ...

ISLAMABAD - Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh has invited the US businessmen to benefit from investment opportunities in Pakistan. He expressed these views while attending a roundtable discussion with senior executives of the US-Pakistan Business Council ...