Search For "bailout"
Pak Finance Minister Ismail trades barbs with his predecessor Tarin over s
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 4 (ANI): Pakistan Finance Minister Miftah Ismail and his predecessor Shaukat Tarin exchanged barbs over leaked audios about sabotaging International Monetary Fund (IMF) programme.
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IMF warns of protests across Pakistan amid high food, fuel prices
Updated : 3 years, 6 months ago IST
Washington [US], September 3 (ANI): Pakistan's economy is teetering amid record-high inflation and soaring food prices along with high petrol prices can trigger protests across the country, warned the International Monetary Fund (IMF) on Friday.
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Pak Finance Minister Miftah Ismail hints at early exit, says 'may not have
Updated : 3 years, 6 months ago IST
Karachi [Pakistan], September 3 (ANI): Amid dissatisfaction within the new coalition government of Pakistan led by Shehbaz Sharif, Finance Minister Miftah Ismail has hinted at his early exit, saying that although the coalition government has 13 months, he may not have that much time.
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Cash-strapped Pakistan mulls taking another IMF loan as floods wreak havoc
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 1 (ANI): As Pakistan struggles to deal with the devastating flood situation, the cash-strapped country is mulling another emergency loan from the International Monetary Fund (IMF), days after it managed to secure the much-needed bailout package to avert an imm
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IMF, Pakistan to meet today for key talks on loan plans
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], August 29 (ANI): The International Monetary Fund (IMF) will meet the top officials of cash-strapped Pakistan on Monday to consider a bailout package as the country continues to face several economic hardships.
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China dodges request on debt relief, says the ball is in Sri Lanka's court
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], August 27 (ANI): China, Colombo's largest bilateral lender dodged the request for debt relief and said that the ball is in Sri Lanka's court.
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Sri Lankan PM Wickremesinghe requests China for debt restructuring amid ec
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], August 25 (ANI): Amid economic turmoil, Sri Lankan President Ranil Wickremesinghe urged China on Thursday to restructure its debt as Beijing is Colombo's largest bilateral lender.
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Pakistani rupee continues to decline against US dollar
Updated : 3 years, 6 months ago IST
Karachi [Pakistan], August 25 (ANI): Ahead of the International Monetary Fund's (IMF) executive board meeting on August 29 in Washington, the Pakistani rupee continued to decline against the US dollar on Thursday.
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Pakistan 1st mini-budget of this fiscal year to render luxury imports 'out
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], August 20 (ANI): Pakistan's Finance Minister Miftah Ismail on Thursday unveiled fresh revenue measures of over Rs 50 billion in the first mini-budget of this fiscal year, however it will render luxury imports "out of reach" for its citizens.
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Sri Lanka: EU delegation hold talks with Wickremesinghe, assures support t
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], August 11 (ANI): The delegation of the European Union (EU) to Sri Lanka met Sri Lankan President Ranil Wickremesinghe and urged him to devote special attention to Generalised Scheme of Preferences Plus (GSP+), IMF and Human Rights Council as it assured the island country
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Pak Finance Minister Ismail warns of economic hardships till September
Updated : 3 years, 7 months ago IST
Karachi [Pakistan], August 6 (ANI): Owing to rising inflation, high energy prices and the depreciating Pakistani currency, Finance Minister Miftah Ismail on Saturday warned that economic hardships would continue till September.
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General Bajwa's seeking help from US reveals Pakistan's catastrophic econo
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 2 (ANI): COAS (Chief of Army Staff) General Qamar Jawed Bajwa's phone call to US Deputy Secretary of State Wendy Sherman kicked up a storm and shows that Pakistan's economy is in tatters.
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