Transfer by the government-owned Abu Dhabi Fund for Developmentis expected to be carried out in the ‘coming days’
Pakistan economy
2018 Future Investment Initiative
Pakistan receives $1bn from Saudi Arabia to ease economic crunch
South Asia’s second-largest economy is expecting its third and final $1bn tranche from Riyadh next month
2018 Future Investment Initiative
Pakistan says first $1bn aid received from Saudi Arabia
A further $2bn is expected to arrive from Saudi Arabia in the next two months, says State Bank of Pakistan
2018 Future Investment Initiative
Pakistani stocks rebound on $6bn Saudi financial deal
Stock market gains follow a string of losses after mixed signals from newly-minted Prime Minister Imran Khan’s government on plans to address deteriorating finances
2018 Future Investment Initiative
Saudi Arabia pledges $3bn to support Pakistan’s economy
Saudi financial support announced as Pakistan battles a balance of payment crisis
2018 Future Investment Initiative
Imran Khan to attend Saudi summit as Western powers pull out
Pakistan’s Prime Minister confirms attendance at Riyadh investment conference despite cancellations from US, UK and Europe
Abu Dhabi Crown prince
Imran Khan discusses UAE bilateral ties on official trip in Abu Dhabi
The Pakistani PM’s first official foreign trip began in Saudi Arabia, where he met with King Salman and Crown Prince Mohammed bin Salman
Crown Prince Mohammed bin Salman
Pakistan’s PM Khan starts maiden foreign visit to Saudi amid bailout speculation
Pakistan is said to be seeking billions of dollars in assistance from allies as it seeks to avert a balance-of-payments crisis
budget deficit
Pakistan budget deficit may widen as fiscal crisis deepens
Pakistan’s shortfall may widen to as much as 7.2 percent of gross domestic product this financial year through June
Imran Khan
Video: Can Imran Khan put Pakistan on a new path?
Known earlier for his socialite lifestyle, and winning the 1992 cricket World Cup, Imran Khan’s rise to the top job as prime minister comes 22 years after he began waging a populist campaign against those whom he once famously referred to as “criminals that are running the country”.
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Imran Khan
Pakistan keen for dialogue with rival India as new era begins
Pakistan wants an ‘uninterrupted, continued dialogue’ with arch-rival India, its new foreign minister has said as PM Imran Khan seeks better relations
Imran Khan
Cricket hero Imran Khan sworn in as Pakistan PM
Pakistan’s new Prime Minister Imran Khan is sworn in at a ceremony in Islamabad on Saturday after winning July 25 election
Imran Khan
Imran Khan claims victory in Pakistan election
Former cricket star turned opposition stalwart Imran Khan says he has a mandate from voters
foreign currency reserves
Pakistan’s central bank devalues rupee as finances wobble before election
The Pakistan rupee is the worst performer in Asia this year, according to a basket of 13 currencies
emerging market
Pakistan’s indebted economy careens toward another IMF bailout
Pakistan, South Asia’s second-largest economy, has gone through decades of erratic growth, debt blowouts and balance-of-payments crises