Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «debt»

January 15, 2019 12:00 AM Students, police clash in Athens

ATHENS: Police in Athens used tear gas on Monday to disperse students and teachers protesting against changes in the way educators are appointed in the public school system. The clashes broke out as hundreds of protesters tried to break through lines of riot police stationed near parliament, banging on a police van barricade with clubs. "I’m a full-time 12

January 11, 2019 12:00 AM Forex reserves fall to $13.597 billion

KARACHI: Pakistan’s foreign exchange reserves dropped 1.74 percent, or $240 million, during the week ended January 4, the central bank reported on Thursday. The foreign exchange reserves stood at $13.597 billion, compared with $13.837 billion in the previous week. The foreign currency reserves held by the State Bank of Pakistan declined $239 million 14

January 6, 2019 8:24 AM Farrukh Saleeem spills beans on Mohmand Dam contract

ISLAMABAD: Former government spokesperson Dr Farruk Saleem has revealed that Prime Minister Imran Khan met with the officials of Chinese company, which was awarded the contract to build Mohamad Dam. The Joint Venture of Pakistani Company — Descon owned by Adviser to PM on Commerce, Textile, Industry & Production and Investment Abdul Razak Dawood and Chinese 22

December 25, 2018 6:36 PM Bakhtawar Bhutto hits back at Imran Khan on JIT tweet

KARACHI: Bakhtawar Bhutto Zardari, sister of PPP chairman Bilawal Bhutto Zardari, has rebuked Prime Minister Imran Khan following his tweets on suspected JIT’s findings in fake accounts case. The PM said that he was puzzled and perplexed by those who were “still defending the plunders” despite having read findings of JIT and Panama and fake account cases 11

December 23, 2018 12:22 PM Asad Umar shares statistics indicating economy is improving

ISLAMABAD: Finance Minister Asad Umar on Sunday shared some statistics in an attempt to show economic indicators are improving . "Jul to October private sector credit offtake this year is Rs.360 billion vs only Rs.110 billion last year in the same period. Agriculture credit in July to Nov this year is Rs 212 billion, increase of 36% vs Rs. 156 billion 16

December 22, 2018 12:00 AM Chinese bank to loan $262mln for Thar coal power project

KARACHI: China Development Bank has agreed to extend $262 million in financing to set up a local coal-fired power plant in Thar, an amount which is more than half of the estimated cost of the 330 megawatts project. The bank signed the financing agreement with equity partners of Thar Energy Limited (TEL), a company set up for coal power projects, a statement 18

December 21, 2018 12:00 AM Forex reserves jump to $14.584bln

KARACHI: Pakistan’s foreign exchange reserves rose 6.04 percent to $14.584 billion during the week ended December 14 following inflows received from Saudi Arabia, the central bank said on Thursday. The foreign exchange reserves held by the State Bank of Pakistan increased to $8.04 billion from $7.260 billion. “SBP received inflows of $1 billion from Saudi 18

December 14, 2018 7:40 AM Another $1bn bailout package received from Saudi: SBP

A State Bank of Pakistan (SBP) official on Friday confirmed that a second $1 billion bailout package from Saudi Arabia had been received by Pakistan. SBP Spokesman Abid Qamar, confirming the development, said that the latest package had shored up the central bank's foreign reserves, hitting the $9.4bn mark. The SBP spokesman added that another Saudi 11

December 10, 2018 12:00 AM Govt hesitant to give Gencos, Discos guarantee for Rs200 bn loan

ISLAMABAD: In a new development, the Finance Ministry has shown hesitance to extend the sovereign guarantee against the huge loan amounting to Rs200 billion the power division wants to raise against the 43 assets of Gencos (electric generation power companies) and Discos (electric power distribution companies). The loan will be utilised to partially 13

December 9, 2018 5:33 AM Daily Horoscope For Sunday, December 9, 2018

Avoid power struggles with family members today, especially parents, even though you’re super-enthusiastic about vacations, sports or something having to do with children. Easy does it. Scuffles with others that are really power struggles might occur today. This could be because you are enthusiastic about a family situation or something that has to do with real estate 24