Pakistan secures $1 billion financing with ADB guarantee and Middle Eastern banks' support amid economic crisis.

KARACHI: Pakistan has signed a $1 billion syndicated term finance facility backed by Middle Eastern banks, marking its return to the region’s financial markets after more than two…

Pakistan secures $1 billion financing with ADB guarantee and Middle Eastern banks' support amid economic crisis.

KARACHI: Pakistan has signed term sheets with 18 commercial banks for a 1.275 trillion Pakistani rupee ($4.50 billion) Islamic finance facility to help pay down mounting debt in…