Pakistan, World Bank and ADB sign loan agreements worth USD 750 million

News Image

MG News | July 23, 2020 at 07:24 PM GMT+05:00

0:00

July 23, 2020 (MLN): Pakistan has signed loan agreement with World Bank and Asian Development Bank (ADB), amounting to USD 500 million and USD 250 million respectively in Islamabad today.

Accordingly, Pakistan soon will receive total of USD 750 million which would help in shoring up SBP reserves.

As the loan agreements are signed to help country’s economy, therefore, these loans are offered at a very lower interest rate.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,875.57
142.44M
0.15%
210.07
ALLSHR 85,563.99
364.61M
-0.16%
-135.51
KSE30 42,378.79
50.98M
0.06%
25.65
KMI30 194,133.66
46.94M
-0.54%
-1048.38
KMIALLSHR 56,183.60
169.50M
-0.36%
-205.56
BKTi 38,205.04
12.04M
-0.57%
-217.93
OGTi 27,579.42
4.00M
-0.50%
-138.84
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,915.00 121,165.00
118,705.00
-375.00
-0.31%
BRENT CRUDE 70.34 70.40
69.41
0.82
1.18%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
0.95
0.99%
ROTTERDAM COAL MONTHLY 105.00 0.00
0.00
0.20
0.19%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.08 67.14
66.12
0.85
1.28%
SUGAR #11 WORLD 16.81 16.87
16.71
0.07
0.42%

Chart of the Day


Latest News
July 18, 2025 at 02:25 PM GMT+05:00

PKR’s REER index decreases to 96.61 in June


July 18, 2025 at 02:02 PM GMT+05:00

Weekly inflation rises 0.38%


July 18, 2025 at 02:00 PM GMT+05:00

Pakistan posts 328m current account surplus in June


July 18, 2025 at 12:30 PM GMT+05:00

Cotton arrivals drop by 33%



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg