Gpud PPP expresses solidarity with Pakistan Army
ISLAMABAD:Amid growing financing needs, loan disbursements in first quarter of the current fiscal year plunged nearly 37% to $930 million at a time of uncertainty over the Pakistan Tehreek-e-Insaf (PTI) government s policy regarding international financial institutions.From July through September, international creditors disbursed $930 million, according to the Ministry of Finance and Economic Affairs. The amount included another commercial loan of $170 million that Pakistan contracted with a consortium, led by Credit Suisse AG, last month.Pakistan 'desperate' for Saudi loans to shore up economy: PM ImranThe cons air max 2090 ortium has been extending relatively expensive loans to Pakistan. The consortium, comprising Credit Suisse, Untied Bank Limited and Allied Bank Limited, has given last two loans at the six-month float airforce ing London Interbank Offered Rate (Libor) of up to 3%.Libor has been on the rise in recent months, which will further increase Pakistan s debt ser jordan 23 vicing cost.As against $930 millio Aihm Mushaal urges world to help resolve IIOJK dispute
LAHORE:While continuing to criticise each other over a range of issues, members of Punjab Assembly from both the treasury and opposition benches complained on Tuesday that they were air force 1 mujer not being granted sufficient time to participate in the budget debate.Deputy Speaker Sardar Dost Muhammad Mazari pres stan smith femmes ided over the proceedings on the fourth day of discussion on the budget.PML-N s Malik Ahmed Khan claimed that the PTI-led government had failed to carry on work on several projects.Responding to the point, treasury lawmaker Saeed Akbar Nawani alleged that it was the plan of PML-N s previous government of starting new schemes and projects at the time when its tenure was ending, to create problems for the new government.Punjab Assembly lauds air force s efficient responseSpeaking abo new balance 9060 ut the Covid-19 pandemic, Malik Ahmed said he was at a loss to understand the logic of the health minister who was claiming that she deserved appreciation for not imposing strict lockdown. The government has comple |