Pakistan missed the IMF deadline to release its Governance and Corruption Diagnostic Report, delaying key judicial and governance reforms. While most fiscal targets were met, issues with SOEs, tax collection, and provincial cash surpluses remain. Despite shortcomings, the IMF programme is se
Pakistan has missed out on three of its five major fiscal conditions set by the International Monetary Fund (IMF) for the second review of its USD 7 billion bailout package, The Express Tribune reported.
"Pakistan is the perpetrator of terror. India is a victim of terror. They cannot be equated. They should not be hyphenated," Kharge said in a post on X.
"We are thankful for the additional 11 conditions imposed by the IMF on Pakistan. However, we are not against any financial assistance provided for genuine developmental agendas. We have raised questions regarding the timing of the recent bailout package given to Pakistan by the IMF," source
The International Monetary Fund (IMF) has imposed as many as 11 new conditionalities on Pakistan for the release of the next tranche of its bailout programme for the debt-ridden economy.
Congress MP Jairam Ramesh on Saturday criticised the BJP-led central government for abstaining from voting in the International Monetary Fund (IMF) Executive Board meeting when it considered fresh loans of USD 1.3 billion to Pakistan, saying that the government buckled under US pressure.<
India on Wednesday firmly opposed providing funds to a country that continues to sponsor cross-border terrorism, warning that such support carries reputational risks for global institutions and undermines international norms at the voting on the International Monetary Fund's (IMF) review
Foreign Secretary Vikram Misri confirmed that the Indus Waters Treaty is in abeyance and emphasised that India has responded to recent developments in a "responsible and just way."
Micheal Martin has been re-elected as the prime minister of Ireland, leading a coalition government. His return follows a vote in parliament, a day after the nomination faced a delay due to opposition protests. Martin's leadership comes amid economic concerns and promises to strengthen Irela
The International Monetary Fund (IMF) is considering a return to a quarterly review process for Pakistan's USD 7 billion bailout package, following some initial setbacks. However, Pakistani officials have stated that no final decision has been made yet.
The IMF has raised concerns over Pakistan's declining electricity demand due to rising solar panel installations and surplus imported gas caused by weak economic demand. During talks on Pakistan's USD 7 billion bailout, the IMF highlighted the need for better strategies to manage these chall