ISLAMABAD: Pakistan and World Bank on Tuesday signed $787 million worth of loan agreements for enhancing civic services in the country’s largest city and financing a regional electricity transmission project. According to a statement issued by the Economic Affairs Division (EAD), Minister for Economic Affairs Muhammad Hammad Azhar oversaw the[...]

ISLAMABAD: The International Monetary Fund (IMF) mission’s 12-day visit to Pakistan ended on a positive note as it announced it would release the first tranche of its $6 billion financial assistance programme to the country. According to a statement, all performance criteria for September-end were met with comfortable margins despite[...]