Business

Debt-ridden Pakistan faces $36.5 billion SOE burden

congodailynews.com
– Pakistan’s federal state-owned enterprises held about $36.5 billion in debt at the end of December 2025. The total increased 14.3% from a year earlier, adding roughly $4.7 billion at current exchange rates. Pakistan’s Ministry...
Egypt secures $1 billion World Bank reform support
Business

Egypt secures $1 billion World Bank reform support

congodailynews.com
CAIRO: The World Bank Group has approved US$1 billion in new financing for Egypt to support private sector-led job creation, bolster macroeconomic and fiscal resilience, and advance measures tied to a greener economy, marking the latest multilateral backing...