(APP): Pakistan will receive US $ 1.4 billion by Tuesday including US $ 500 million interest‑free credit loan from the World Bank (WB) for Poverty Reduction and Economic Support Program and $ 840 million from the IMF following successful first review of the Stand By Arrangements signed last November 2008 meeting all the targets. This [...]
Pakistan will get US $ 1.4 bn by Tuesday: Haqqani
Published in March 31st, 2009
Posted by The Business Time in Business
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Obama to propose $ 2.8 billion military aid package for Pakistan
Published in March 31st, 2009
Posted by The Business Time in Business
(APP): U.S. President Barack Obama plans to propose spending roughly $ 2.8 billion in aid for the Pakistani military, as he steps up the campaign to battle extremists along the Pakistan‑Afghanistan border. That money would be in addition to the civilian aid ‑ $ 1.5 billion a year for five years ‑ that the U.S. [...]
Govt to enhance foreign remittances target at $ 15 Bln
Published in March 31st, 2009
Posted by The Business Time in Business
(APP): Federal Minister for Overseas Pakistanis , Dr. Muhammad Farooq Sattar on Monday said his Ministry has enhanced annual target for remittances from Overseas Pakistanis to dollars 15 Billion. For this purpose , he said, the Ministry is working on a new legislation package for Overseas Pakistanis to build their confidence and mobilize them to [...]
Iran denies separate talks with US in Moscow
Published in March 31st, 2009
Posted by The Business Time in World
(PTI): Iran’s Foreign Ministry denies a report claiming that Iranian and US officials held separate talks on the margins of an Afghan confab in Moscow. An unnamed source in the ministry told IRNA that the recent report released by the British weekly Sunday Times regarding a meeting between Tehran and Washington’s representatives in Russia, is [...]
Israel army rejects war crimes in Gaza
Published in March 31st, 2009
Posted by The Business Time in World
(PTI): Following a military investigation, Israel rejects the allegations that its soldiers committed war crimes in Gaza during the 22-day war. A military police investigation had been launched to address the claims that the army had intentionally killed civilians and damaged property after Israeli soldiers who fought in Gaza told a symposium
Economic crisis creating unrest in US
Published in March 31st, 2009
Posted by The Business Time in Business
(PTI): Five people have been shot dead in California in what appears to be another sign of a social crisis on the back of falling US economy. Two others, a child and an adult, suffering from bad wounds, were transferred to a nearby clinic. According to the police the shooting spree is thought to be [...]
