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Pakistan raises $3b through Eurobond

Aurangzeb terms issuance positive development Says transaction reflects investors’ confidence Calls it part of ISLAMABAD: Ahead of debt repayment to Saudi Arabia, the government on Thursday raised $3 billion from global capital markets at up to 7.9% face value interest rates. Pakistan is scheduled to return the $3 billion debt to Saudi Arabia, which it … Read more

N-25 expressway to cost Rs415b: minister

. ISLAMABAD: Federal Minister for Communications Abdul Aleem Khan and Governor Balochistan Jaffar Khan Mandokhail on Thursday discussed the development of the communications sector in Balochistan, including ongoing and proposed National Highway Authority (NHA) projects and construction of major highways across the province. During a meeting here, they reviewed progress on the N-25 (Karachi–Quetta–Chaman), costing … Read more