International Monetary Fund has released $102 million final installment of a 3-year loan to Pakistan, marking the first time the South Asian state has successfully completed a program with the global lending agency. IMF approved a $6.6 billion loan for Pakistan in 2013 to save it from default on its external obligations. The loan was […]

Pakistan and Russia signed an agreement to build $2 billion pipeline that will transport gas from the city of Karachi in southern Sindh to Lahore in the central Punjab province, helping to mitigate shortages in northern parts of the country. The agreement was signed during the first visit by a Russian Energy Minister to Pakistan […]