Pakistan seeks $1.4 billion IMF loan to tackle economic slowdown from COVID-19 – AlKhaleej Today

  • Date: 27-Mar-2020
  • Source: Arab Times
  • Sector:Economy
  • Country:UAE
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Pakistan seeks $1.4 billion IMF loan to tackle economic slowdown from COVID-19 – AlKhaleej Today

Pakistan seeks $1.4 billion IMF loan to tackle economic slowdown from COVID-19. Alain Bejjani, chief executive of Dubai-based Majid Al Futtaim Group (MAF), told Arab News that delivery orders had soared more than 50 percent across the region.. Saudi Arabia recently extended curfew hours to slow the spread of the disease.. "Restrictons on travel are making things difficult everywhere and Saudi Arabia is no exception.. But the virus outbreak has led to a big increase in sales at Carrefour stores in Saudi Arabia and elsewhere.. Saudi Arabia is a great cinema market and we are looking forward to coming back as soon as possible, but right now it is impossible," Bejjani said..