Pakistan request $1bn credit line from Standard Chartered to bridge financing gap: report D_Trends
Pakistan has formally requested a commercial loan between $800 million and $1 billion from Standard Chartered Bank (SCB) to help fill a crucial financing gap needed to secure approval for the International Monetary Fund’s (IMF) $7 billion Extended Fund Facility (EFF). The News International reported, citing top official sources, that SCB has agreed in principle … Read more