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Another IMF condition fulfilled: S Arabia to renew $3bn deposit for Pakistan this week

RIYADH: Saudi Arabia plans to renew its $3 billion deposit in assistance to Pakistan, as the South Asian nation looks to rein in one of Asia’s highest inflation rates and stave off a.

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Debtor's joy

This refers to the news story ‘After clinching deal with IMF: Pakistan plans to generate around $10bn in loans’ .by Mehtab Haider. It is ironic that after 75 years of.

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State Bank hikes interest rate to 13.75pc

KARACHI: The State Bank of Pakistan on Monday raised interest rates by 150 basis points to 13.75 percent, the second hike in less than two months, stepping up its battle against a deteriorating.

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