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Tag Archives: Loans

External debts of Pakistan to pile $90b soon

Advertisements Business Desk Islamabad: The external debt of the country is projected to mount to gigantic $90 billion in the next four years and Pakistan will require $20 billion per year merely to meet its external financing needs with the reservations that all constitutional preparations put in place to manage …

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Asian Bank says Punjab govt drained $409m reform loan

ISLAMABAD: Due to lack of commitment and aggressive agenda, the Punjab government wasted at least $409 millions loan acquired to introduce reforms, accused the Asian Development Bank (ADB). ADB’s Independent Evaluation Department issued a report claiming the amount has gone down to ditch as the Punjab government’s heedlessness in introducing …

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