islamabad - Pakistan’s foreign reserves would come under severe pressure within ongoing month, as country would repay $533 million to the International Monetary Fund (IMF) under Stand-by Arrangement (SBA) loan facility in May 2013.Sources informed that Pakistan would make repayment under ...

MULTAN - Punjab Governor Makhdoom Syed Ahmad Mehmood declared Friday that he and former prime minister Syed Yousuf Raza Gilani will announce the birth of Seraiki province soon.Addressing the inaugural ceremony of development projects launched by former premier Gillani at Qila Qasim Bagh, he said ...

Pakistan sought help from the International Monetary Fund on Wednesday to avoid defaulting on billions of dollars in loans and to skirt a financial crisis brought on by high fuel prices, dwindling foreign investment and soaring militant violence. Pakistani officials had previously said that turning ...