Pakistan, IMF Discuss Flood Recovery and Economic Targets New York: Sources familiar with the talks say Pakistan and the International Monetary Fund (IMF) are in discussions not only about the country’s economic program but also about flood recovery and revenue-boosting measures. The IMF team has already met with provincial officials to review proposals aimed at […]
Pakistan Launches Subsidized Housing Loans for First-Time Buyers ISLAMABAD – The government has unveiled a new initiative aimed at helping first-time homebuyers secure affordable housing loans. Under the program, eligible individuals can apply for loans ranging from Rs 2 million to Rs 3.5 million. The State Bank of Pakistan has set the loan tenure at […]
Pakistan Launches Interest-Free Loan Scheme for Electric Vehicles ISLAMABAD – The government has rolled out a new initiative to help students, daily wage earners, delivery riders, and small business owners purchase electric bikes, rickshaws, and loaders through interest-free loans and subsidies. Under the scheme, applicants will be able to buy vehicles with easy monthly installments […]
PM Youth Laptop Loan Scheme 2025 Launched for Students and Freelancers ISLAMABAD – The government has introduced the PM Youth Laptop Loan Scheme 2025, offering laptops on easy, interest-free installments to students, freelancers, and young professionals struggling with the rising cost of digital devices. Officials say the initiative is a strategic investment in Pakistan’s digital […]
This was shared by Advisor to Finance Minister Khurram Schehzad in a post on the social media platform X. The post said that the debt was due for 2029, but its early retirement reflects the government’s strong commitment to proactive, disciplined, and forward-looking financial governance. It will help reduce concentration risk, lower future liabilities, and […]
According to a state-run news agency, APP, the approved plan aims to secure Rs 1.275 trillion from commercial banks at an interest rate 0.9% lower than the historical three-month KIBOR benchmark. The initiative marks a strategic shift from the previous approach of maintaining a fixed circular debt level, with a focus now on gradually reducing […]
During a press briefing, an Indian journalist had asked Kozack whether Pakistan could use IMF funds to support cross-border terrorism. Julie Kozack categorically rejected the notion, stating that the IMF loan program is strictly for supporting Pakistan’s foreign exchange reserves and not for budgetary support or any government expenditure. She clarified that the IMF loan […]
Prime Minister Shehbaz Sharif has issued instructions for a loan scheme for small farmers in the upcoming budget, according to sources. Finance Minister Muhammad Aurangzeb held a special meeting with the Pakistan Banking Association and shared with bankers the features of the loan scheme for small farmers, sources said. The minister also briefed the banking […]
According to sources, this initiative is a key condition of the International Monetary Fund’s (IMF) new $1.3 billion Climate Resilience loan program, spanning 28 months. Pakistan aims to raise Rs30 billion through the PSX to address funding challenges for eco-friendly projects, including the issuance of Rs30 billion in Sukuk bonds for three hydropower projects, sources […]
According to official figures, loans exceeding Rs26.97 billion have been disbursed to more than 25,500 households under the ‘Apni Chhat, Apna Ghar’ program. Over 21,797 houses are currently in the final stages of construction across the province. Additionally, second installments for home construction have been issued to over 11,500 families. The program has also approved […]