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bailout package

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The report also claimed that talks with the government for a 500 million pounds ($618 million) bailout package had been “effectively shelved”.(Unsplash)

Virgin Atlantic ‘still talking’ with UK government on bailout

London | By Indo Asian News Service
UPDATED ON APR 26, 2020 05:43 PM IST
British airline Virgin Atlantic was still talking with the UK government about a bailout package to cope with the devastating effects of the coronavirus pandemic on travel, a company spokesperson has said.
Pakistan’s chief justice Asif Saeed Khosa Wednesday lamented that Pakistanis were only hearing “depressing” news these days -- on the state of the economy, politics and even from the cricket field.(Twitter/Asif Saeed Khosa)
Pakistan’s chief justice Asif Saeed Khosa Wednesday lamented that Pakistanis were only hearing “depressing” news these days -- on the state of the economy, politics and even from the cricket field.(Twitter/Asif Saeed Khosa)

From economy to cricket, it is all depressing news, says Pakistan Chief Justice

Islamabad | By Press Trust of India
UPDATED ON JUN 20, 2019 12:14 PM IST
Addressing a ceremony to highlight the work of model courts in Pakistan, the Chief Justice of Pakistan said that the reports of the ‘national economy in ICU’ was not a good news.
The ADB financing would come on top of the IMF loan, with most of the funds to be disbursed in the current fiscal year.(HT Photo)
The ADB financing would come on top of the IMF loan, with most of the funds to be disbursed in the current fiscal year.(HT Photo)

Pakistan to get $3.4 billion in budgetary aid from Asian Development Bank

Islamabad | By Reuters
UPDATED ON JUN 15, 2019 10:40 PM IST
Last month, Pakistan reached an accord in principle with the International Monetary Fund (IMF) for a three-year, $6 billion bailout package aimed at shoring up its fragile public finances and strengthening a slowing economy.
Last year, north body staff had thrown garbage outside Shastri Bhawan, to protest late salary.(HT Archive)
Last year, north body staff had thrown garbage outside Shastri Bhawan, to protest late salary.(HT Archive)

Short of funds, North civic body mayor asks L-G for bailout deal

Hindustan Times, New Delhi | By HT Correspondent
PUBLISHED ON JUN 08, 2019 03:54 AM IST
As per the presentation given by him to L-G, the north MCD has a projected overall revenue of 4,612 crore for financial year 2019-20.
Pakistan would receive USD 6 billion worth of assistance under the IMF programme over a period of three years, Shaikh told the state-run PTV News.(HT Photo)
Pakistan would receive USD 6 billion worth of assistance under the IMF programme over a period of three years, Shaikh told the state-run PTV News.(HT Photo)

Pakistan to get bailout of $6bn from IMF over next 3 years

Pakistan | By Imtiaz Ahmad
UPDATED ON MAY 13, 2019 08:40 AM IST
The final outcome was further delayed after Prime Minister Imran Khan objected to some of the stringent conditions by the IMF. The talks were extended to continue over the weekend and were capped on Sunday.
The Captain Amarinder Singh-led Congress government in Punjab is planning to seek a debt relief package from the 15th Finance Commission.(HT File)
The Captain Amarinder Singh-led Congress government in Punjab is planning to seek a debt relief package from the 15th Finance Commission.(HT File)

Debt-ridden Punjab to seek bailout package from 15th finance panel

Hindustan Times, Chandigarh | By Navneet Sharma, Chandigarh
UPDATED ON JAN 29, 2019 02:18 PM IST
Punjab’s outstanding debt, which was Rs1.96 lakh crore on March 31, 2018, is estimated to touch Rs 2.11 lakh crore at the end of the 2018-19 fiscal, with much of borrowings going into debt servicing.
Pakistan and the United Arab Emirates (UAE) on Tuesday signed a USD 3 billion bailout package, as part of Abu Dhabi’s support to boost the cash-strapped country’s dwindling dollar reserves.(AFP)
Pakistan and the United Arab Emirates (UAE) on Tuesday signed a USD 3 billion bailout package, as part of Abu Dhabi’s support to boost the cash-strapped country’s dwindling dollar reserves.(AFP)

Pakistan, UAE sign USD 3 billion bailout package

Islamabad | By Press Trust of India
UPDATED ON JAN 24, 2019 11:25 AM IST
Tuesday’s agreement was signed between State Bank of Pakistan (SBP) chief Tariq Bajwa and Abu Dhabi Fund for Development (ADFD) Director General Mohammed Saif Al Suwaidi.
In this Tuesday, Sept. 18, 2018, Pakistani Prime Minister Imran Khan, center, visits the Prophet's Mosque in Medina, Saudi Arabia.(AP File Photo)
In this Tuesday, Sept. 18, 2018, Pakistani Prime Minister Imran Khan, center, visits the Prophet's Mosque in Medina, Saudi Arabia.(AP File Photo)

Pak PM Imran Khan to embark on first visit China from Nov 3

Press Trust of India | By Press Trust of India
UPDATED ON OCT 15, 2018 11:53 PM IST
Prime Minister Khan’s visit to China, Pakistan’s “all weather” ally, will come ahead of a visit to Islamabad by officials of the International Monetary Fund (IMF) for formal discussions on a bailout package for the cash-strapped country.
A farmer carries sugarcane to load on a tractor to sell it at a nearby sugar mill in Modinagar in Ghaziabad.(AFP File Photo)
A farmer carries sugarcane to load on a tractor to sell it at a nearby sugar mill in Modinagar in Ghaziabad.(AFP File Photo)

Government announces Rs 8000 crore bailout package to cash-starved sugar mills

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON JUN 04, 2018 11:52 PM IST
Sugar mills are unable to make payments to cane growers as their financial health has worsened due to a sharp fall in sugar prices after a record production of 31.6 million tonne (MT) so far in the 2017-18 season
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