State Bank has received $500 million from the Asian Development Bank (ADB).
The State Bank of Pakistan's statement said that this money has been given...
Miftah Ismail admits Pakistan’s Default Risk Reaches Alarming Levels. Criticizing his party-led federal government. Miftah claimed that Pakistan is on the edge of ‘default’ as risk has reached a dangerous level.
Ishaq Dar: less than 10% Probability of Pakistan’s default as per Bloomberg’s analysi. And continue to honor all of its financial commitments on time. “Pakistan will InshaAllah continue to honour its all financial commitments on time,” he added.
Economic condition of Pakistan has curved upside down in the last seven months since the Shehbaz Sharif government came into power. Moreover, during the last seven months, the rupee devalued by 40.3 against the US dollar and reached 223.2 rupees.