The PTI government will pay $55 billion in foreign debt payment during its five years tenure that ends in 2023, claimed the Minister for Information and Broadcasting Fawad Chaudhry.In a tweet, the minister pointed out that the foreign debt payment was ...
Read More »Daily Archives: December 21, 2021
SBP Aasan Finance Scheme Will Be A Game Changer: Reza Baqir
State Bank of Pakistan (SBP) Governor Reza Baqir on Tuesday said that SBP Aasan Finance Scheme (SAAF) will be a game-changer in enhancing access to finance for small and medium enterprises (SMEs) as it addresses the long outstanding challenge of lack o...
Read More »Pakistani-Led Overjet Raises $42.5 Million Investment
Overjet, a Pakistani Led startup, has raised $42.5 million in a Series B funding round led by General Catalyst and New York-based venture capital firm, Insight Partners. Other investors in the round included Crosslink Capital and the MIT-affiliated E14...
Read More »Pakistan Set to Secure More Loans Worth $1.535 Billion From ADB
Pakistan and Asian Development Bank (ADB) will sign six financing loan agreements worth $1.535 billion on Wednesday, according to official sources privy to the development. Minister for Economic Affairs, Omar Ayub Khan, will witness the loan signing ce...
Read More »