Pakistan further delays launch of $3b Eurobonds

State Bank of Pakistan. (Photo courtesy: SPB/File)
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Updated 28 February 2020

Pakistan further delays launch of $3b Eurobonds

February 28: The Express Tribune report by Shahbaz Rana states that Pakistan has further delayed the launch of $3 billion worth of Eurobonds as interest rates and refinancing risks of external public and publicly guaranteed debt spike in the past one year due to reliance on expensive and relatively shorter-period foreign loans.

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Pakistan’s Only Brewery to Make Sanitizers as Demand Lures Fakes

Updated 04 April 2020

Pakistan’s Only Brewery to Make Sanitizers as Demand Lures Fakes

April 4: Bloomberg report by Faseeh Mangi states that Murree Brewery Co., Pakistan’s only maker of alcoholic beverages, plans to manufacture hand sanitizers after a surge in demand led to fake and ineffective hand washes propping up at stores.

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