Saudi Arabia renews $3bn deposit to Pakistan

In this file photo, the International Monetary Fund (IMF) headquarters building is seen ahead of the IMF/World Bank spring meetings in Washington, US, April 8, 2019. (REUTERS)
Short Url
Updated 15 August 2022

Saudi Arabia renews $3bn deposit to Pakistan

August 15: Financial Times reported that Saudi Arabia has agreed to renew a $3bn deposit at Pakistan’s central bank to bolster the south Asian state’s depleted foreign reserves as Islamabad negotiates an aid package with the IMF, according to people familiar with the deal.

Read More I


Wealthy residents and lawmakers in Pakistan threatened by Islamist group for ‘donations’

Updated 29 November 2022

Wealthy residents and lawmakers in Pakistan threatened by Islamist group for ‘donations’

November 29: South China Morning Post reported Pakistani lawmakers and wealthy citizens in the country’s borderlands have been threatened over the phone by a Pakistan chapter of the Islamist extremist group. The Tehreek–e-Taliban Pakistan (TTP), which shares lineage with the Taliban, has become more active since the extremist group took control of neighbouring Afghanistan. Read more I 


Ben Stokes pledges his England match fees to Pakistan flood appeal

Updated 29 November 2022

Ben Stokes pledges his England match fees to Pakistan flood appeal

November 29: The Guardian reported after England’s first training session before the first Test starting on Thursday at the Rawalpindi Cricket Stadium, a short drive from their fortress-like hotel in Islamabad, Stokes announced he will donate his three match fees to the Pakistan flood appeal. Read more I 


No-trust motion against Pervez Elahi: Punjab opposition faces legal challenges

Updated 29 November 2022

No-trust motion against Pervez Elahi: Punjab opposition faces legal challenges

November 29: GEO News reported Punjab opposition is facing legal and constitutional issues to bring in-house change and topple Chief Minister Chaudhry Pervez Elahi's government. Read more I 


Lt-Gen Faiz Hamid takes ‘early retirement’

Updated 29 November 2022

Lt-Gen Faiz Hamid takes ‘early retirement’

November 28: A day before the change in command at the army’s General Headquarters (GHQ), Bahawalpur corps commander and former director-general of the Inter-Service Intelligence (ISI) Lieutenant-General Faiz Hamid opted to seek early retirement and sent his resignation to the high command, Dawn NewsTV reported. Read more I 


DCB crisis: Google changes payment mode to purchase apps

Updated 29 November 2022

DCB crisis: Google changes payment mode to purchase apps

November 29: The News reported that Google on Monday announced that due to local requirements, users in Pakistan will be able to make Play Store purchases through credit or debit cards only with effect from December 1, 2022. Read more I