Day: May 20, 2024

International investors want Pakistan to remit dividends owed to their shareholders in power plants under the China-Pakistan Economic Corridor (CPEC). The pending dues for CPEC power projects are around Rs. 550 billion. This was a key issue raised by China when Foreign Minister Ishaq Dar and Planning Minister Ahsan Iqbal

The federal government and International Monetary Fund (IMF) will commence policy-level talks today on negotiating a new and likely $6-8 billion bailout program spread over at least three years, Finance Ministry sources told ProPakistani. Sources said policy-level talks between the two sides will continue until May 23. They said the