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Saudi Arabia mulls increasing investments, deposits to Pakistan

Saudi Arabia mulls increasing investments, deposits to Pakistan

RIYADH, (MANEND NEWS): The Crown Prince of the Kingdom of Saudi Arabia (KSA) Mohammad bin Salman (MBS) on Monday ordered the Saudi Development Fund to study increasing Saudi investments and deposits in Pakistan to $15

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Is Pakistan going to default in 2023?

Is Pakistan going to default in 2023?

ISLAMABAD, (MANEND NEWS): Is Pakistan going to default in 2023? No, I would bet upon “not likely”, due to the following reasons. Firstly, the current government would deploy all possible resources and efforts to avoid

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SBP releases statement on bank holiday

SBP releases statement on bank holiday

(MANEND NEWS): The State Bank of Pakistan and all offices of SBP Banking Services Corporation, inclusive of Public Debt Offices, will remain closed for public dealing on January 2, which has been declared a bank

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Another $1b due next week

Another $1b due next week

ISLAMABAD, (MANEND NEWS): Pakistan is set to make debt repayments of over $1 billion to two foreign commercial banks early next month, amid the government’s hard struggle to avoid sovereign default with very little gross

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