Chinese loan apps adding to misery of local population in Pakistan
INTERNATIONAL DESK: As Pakistan’s economy is in tatters, households are finding it hard even to manage their routine…
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Pakistan’s foreign reserves continue to decline due to loan repayment
INTERNATIONAL DESK: Amid political instability and economic crisis, the State Bank of Pakistan’s (SBP) foreign reserves continue to…
Bangladesh, World Bank sign US$ 2.25 billion loan agreement comprising 5 projects
ZOOMBANGLA DESK: World Bank will provide USD 2.25 billion as loan to Bangladesh to develop various sectors, including…
Bangladesh takes IMF loan as a ‘breathing space’: PM
ZOOMBANGLA DESK: Prime Minister Sheikh Hasina on Saturday said Bangladesh has taken a loan from the International Monetary…
IMF team due in Dhaka on April 25 to discuss 2nd tranche of $4.7b loan
ZOOMBANGLA DESK: A team of the International Monetary Fund (IMF) is due to arrive in Dhaka on April…
Pakistan’s fresh £580m loan from China intensifies debt burden fears
INTERNATIONAL DESK: China has agreed to loan Pakistan $700m (£580m) to help it weather its worst economic crisis…
IMF board approves $4.7b loan for Bangladesh
ZOOMBANGLA DESK: The International Monetary Fund (IMF) has approved Bangladesh’s US$4.7 billion loan proposal during a board meeting…
Sri Lanka seeks $55 million loan from India to buy fertilizers
INTERNATIONAL DESK: Sri Lanka has sought a USD 55 million loan from India for the procurement of urea…