pakistan
The CPEC, which connects Gwadar Port in Balochistan with China's Xinjiang province, is the flagship project of Chinese President Xi Jinping's ambitious Belt and Road Initiative (BRI).
China plans to invest USD 1 bn in Pak development projects
09 Sep 2019 10:18 AM

The pace of development projects under the China-Pakistan Economic Corridor is satisfactory, says Yao Jing.

Their programme aims to stabilise the economy, strengthen institutions and thereby put Pakistan on a path of sustainable and balanced growth, said IMF's Acting Managing Director David Lipton.
IMF urges Pakistan to mobilise domestic tax revenue
22 Jul 2019 5:03 PM

Recently, the IMF cleared a USD 6 billion bailout package to cash-strapped Pakistan to overcome economic difficulties.

Board approval will allow immediate disbursement of around USD 1 billion, with the remainder to be phased in over the period of the programme.
IMF board approves USD 6 billion loan package for Pakistan
04 Jul 2019 10:32 AM

Approval will also unlock an additional USD 38 billion from Pakistan’s international partners over the programme period.

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