The International Monetary Fund has also asked Pakistan to set up an anti-corruption task force to review all the existing laws that were aimed at curbing graft in the government departments
The announcement of the Chinese assistance came after France signed an agreement with Pakistan to suspend its loan worth USD 107 million under the G20 Debt Service Suspension Initiative (DSSI).
Quoting the finance minister, Sharif confirmed that Pakistan had also received the Memorandum of Economic and Financial Policies (MEFP) from the IMF for the seventh and eighth reviews.
After Pakistan failed to clinch a deal for natural gas supply for next month, Prime Minister Shehbaz Sharif on Monday warned of increased electricity load shedding in July
During a meeting on Sunday, Shehbaz referred to the rise in terrorism-related incidents during the last four years against the backdrop of 56 per cent increase in the number of terror attacks in 2021
Prime Minister Shehbaz Sharif on Sunday said that no compromises can be made when it comes to the country's security and defence
In continuation of the protests against Pakistani PM Shehbaz Sharif's "imported and corrupt" government, the former PM Imran Khan issued a call for holding a rally in Islamabad on July 2
Prime Minister Shehbaz Sharif has urged the people of Gwadar in Pakistan's restive Balochistan to ensure security of friendly foreign investors, including from China, who are making huge investments
Tough decisions needed to save economy: Pak PM
Khan said its high time for the people to realize and understand the agenda behind his ouster and the "slave to the west" approach by this government
Pakistan Tahreek-e-Insaf chief Imran Khan on Sunday said that his party will continue protests against Pakistan's 'imported' government till the announcement of fresh elections.
This is the third cut in fuel subsidies by the government headed by Prime Minister Shehbaz Sharif in about 20 days
The wives of Pakistan Prime Minister Shehbaz Sharif and his predecessor Imran Khan are richer than their husbands, the media reported citing official documents
The local currency surpassed the critical threshold of 204 against the US dollar in the interbank market during intra-day trade
Pakistan's political parties, the incumbent PML-N government and the ousted Pakistan Tehreek-e-Insaf (PTI) government led by Imran Khan on Sunday blamed each other for the economic mess in the country
PTI chairman and former prime minister Imran Khan challenged the incumbent coalition government of Shehbaz Sharif to win the next elections in Pakistan
It is widely perceived in Pakistan that politicians need the military's backing to come to power, but many now fear that bureaucrats could also need the same support for their appointment and postings
Sindh's share was 24.55 per cent. 14.62 per cent and 9.09 per cent share would be distributed to Khyber Pakhtunkhwa and Balochistan respectively, The Express Tribune reported.
The budget showed that debt servicing has risen to 29.1 per cent of the budget, making it the single largest expenditure and accounting for 45.4 per cent of the current expenditure
Pakistan Tehreek-e-Insaf (PTI) Chairman and former prime minister Imran Khan on Thursday slammed Shehbaz Sharif government for destabilizing the country's economy