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Another trusted friend has jumped into the fray to help shore up Islamabad s fast depleting state coffers. China has signaled its willingness to provide $2.5 billion in loans to Pakistan to boost official foreign exchange reserves that are not sufficient to provide cover to even two months of imports despite receiving $4 billion loans from two Middle E
nike af astern countries.With this cash injection, China s contribution in this fiscal year alone would jump to $4.5 billion. In July, China had also deposited $2 billion with the State Bank of Pakistan. In the past five years, China has e
air max 90 homme merged as Pakistan s single largest saviour in times of economic crisis. The money is coming as part of the government s strategy to secure breathing space till the time its macroeconomic stabilisation measures take effect. After coming into power, Prime Minister Imran Khan had visited China, Saudi Arabia and the UAE to
air max 2090 arrange emergency loans to avoid a looming default.As a result, Pakistan has secured $14.5 bi Wkqu Mark your calendars Kaavish is bringing something new on April 10
KARACHI:Cargill, the US-based company with global outreach, which is operating for over three decades in Pakistan, is expanding its footprint in the country by diversifying operations mainly into port infrastructure, a top official of the company told The Express Tribune.The company has announced an investment of $200 million over the next three to five years through joint ventures in po
af1 mid rt infrastructure, edible oil factories, poultry and animal feed and dairy
adidas spezial gris sector.The company is all set to acquire meaningful shareholding in one of the import and export terminals at Port Qasim, Karachi. We are in
orange dunks talks with Fauji Akbar Portia (FAP) Marine Terminals to invest in the import and export facility by acquiring shareholding, Cargill Country Head in Pakistan Imran Nasrullah said, adding they would soon share details with the media in that regard.Dry port business evaporates under tax burdenFAP is Pakistan s first dry cargo terminal built at a cost of $135 million and inaugurated in October
