The government received $15.32 billion in fresh foreign loans from multilateral institutions and commercial banks during the previous fiscal year, up over 47 percent from $10.45 billion the year before.According to the ‘Annual Report on Foreign Economi…

The State Bank of Pakistan (SBP) has withdrawn facilities for exporters of Afghanistan and Central Asian Republics (CARs) in response to the growing dollar demand, a situation that has compelled foreigners to conduct business solely through more onerou…

The Privatization Commission plans to complete the privatization of at least one dozen state-own entities (SOEs) in the next few years.Pakistan Steel Mills (PSM) is also among the list of SOEs that the government wants to privatize. The government had …

Sui Northern Gas Pipelines Ltd (SNGPL) lost claims of approximately Rs. 19 billion against National Power Parks Management Company Pvt. Ltd. (NPPMCL) in two arbitrations before the London Court of International Arbitration (LCIA).According to the detai…