China spent $240 billion bailing out ‘Belt and Road’ countries – study

China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount soaring in recent years as more...

Pakistan, Saudi Arabia to sign MoUs on drug control, renewable energy: FO

ISLAMABAD: Pakistan and Saudi Arabia are set to sign various Memorandums of Understanding (MoUs) to enhance bilateral cooperation in the fields of...
G7-coronavirus

US debt standoff overshadows G7 finance leaders’ meeting

A standoff over raising the U.S. debt ceiling overshadowed a meeting of Group of Seven (G7) finance leaders starting on Thursday, heightening...

U.S., China sketch outlines of deal to end trade war: sources

Lower-level officials held a round of talks in Washington on Tuesday and Wednesday. They will be joined on Thursday by the top level negotiators, led by U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He.

White House, Republican team say no progress in debt ceiling talks

A second meeting on Friday between White House and Republican congressional negotiators on raising the federal government's $31.4 trillion debt ceiling broke...

China to relax residency curbs, support employment

BEIJING: China will relax residency curbs in smaller cities and support employment in rural areas and at small firms, the country’s human resources ministry...

Finance Division issues budget call circular

The budget call circular is issued every year to all federal ministries and departments wherein the Finance Division calls upon them to initiate the budget-making process.
G7-coronavirus

G7 nations considering near-total ban on exports to Russia – Kyodo

The Group of Seven (G7) countries are considering a near-total ban on exports to Russia, Kyodo news agency reported on Friday, citing...