Loan to boost Pakistan's economy

Pakistan's central bank says it has received $500m from the Asian Development Bank.

    Pakistan says it needs $7bn to avoid economic failure [AFP]

    The Pakistani government has said that it needs $7bn to avoid bankruptcy.

    The United States, which considers Pakistan an ally in its "war on terror", is also pledging more economic support.

    Pakistan is also seeking assistance from Saudi Arabia.

    SOURCE: Agencies


    YOU MIGHT ALSO LIKE

    Lost childhoods: Nigeria's fear of 'witchcraft' ruins young lives

    Lost childhoods: Nigeria's fear of 'witchcraft' ruins young lives

    Many Pentecostal churches in the Niger Delta offer to deliver people from witchcraft and possession - albeit for a fee.

    The priceless racism of the Duke of Edinburgh

    The priceless racism of the Duke of Edinburgh

    Prince Philip has done the world an extraordinary service by exposing the racist hypocrisy of "Western civilisation".

    Why a hipster, vegan, green tech economy is not sustainable

    Why a hipster, vegan, green tech economy is not sustainable

    Improving eco-efficiency within a capitalist growth-oriented system will not save the environment.