Tag Archives: South Asian country

IMF Approves $3 Billion Bailout Program for Pakistan

The International Monetary Fund’s board has given its approval to a significant bailout program of $3 billion for Pakistan. This move includes the immediate disbursement of approximately $1.2 billion, aimed at stabilizing the economy of this South Asian nation. Last month, Pakistan and the IMF reached a staff-level agreement, securing a short-term pact that provided… Read More »

Pakistan and UAE Sign Agreement for Renewable Energy Development

Karachi, Pakistan – In a significant move, Pakistan and the United Arab Emirates (UAE) have joined hands to pave the way for the development of renewable energy projects in Pakistan. The agreement, signed in Islamabad, was witnessed by Pakistan’s Prime Minister Shehbaz Sharif and Sultan Ahmed Al Jaber, the UAE’s Special Envoy for Climate Change… Read More »