FinMin presses lenders to cut costs
ITFC to renegotiate terms as credit profile improves; M6 loan pending signature
Pakistan has secured agreement from the International Islamic Trade Finance Corporation (ITFC) to renegotiate the pricing and volume of its remaining financing tranche, with technical teams set to explore adjustments that align borrowing costs with the country's improved market conditions, according to statements issued by the Ministry of Finance on Thursday. The understanding was reached at a meeting between Federa...