InfoAnda - RPT-Pakistan receives $200 million from IDB

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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: RPT-Pakistan receives $200 million from IDB Reuters - 1 hour 12 minutes ago KARACHI, Nov 13 - Pakistan central bank said on Thursday it has received $200 million from the Islamic Development Bank as the country's reserves are barely enough to cover nine weeks of imports. The central bank did not give any other details. Pakistan foreign exchange reserves fell $160 million to $6.76 billion in the week that ended on Nov. 1, with the State Bank of Pakistan's own reserves just at $3.53 billion. The country's top economic adviser, Shaukat Tarin said last month that he expected multilateral lenders -- the World Bank and Asian Development Bank -- to front-load disbursements from development assistance programmes. The Islamic Development Bank and Britain's Department for International Development were also expected to boost their planned assistance, he said. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Business China shares rise on optimism over stimulus planAP - 1 hour 20 minutes ago Europe, Asian markets down amid recession fearsAP - 1 hour 21 minutes ago Las Vegas Sands to fire up to 11,000 Macau workersAP - 1 hour 29 minutes ago LSE 1H profit up but cancels share buybackAP - 1 hour 37 minutes ago SABMiller says 1H profits rise, but demand slowsAP - 1 hour 38 minutes ago Most Popular – Business Viewed Ancient 4,300-year-old pyramid discovered in Egypt Your favorite music = happy heart: study Britney Spears's son hospitalized: statement Germany in recession as US scraps toxic asset buy-up Oil price dives under 55 dollars per barrel in London View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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