Search For "bailout"
Ongoing bailout deal with IMF 'outdated': Pak Foreign Minister Bilawal
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], May 26 (ANI): With the blame game still on between the present and former governments in Pakistan over the ongoing economic crisis in the country, Foreign Minister Bilawal Bhutto called the ongoing bailout deal with International Monetary Fund outdated, reported The New
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Sri Lanka gets one more year to repay USD 200 mln bailout fund to Banglade
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], May 9 (ANI): As cash-strapped Sri Lanka struggles to emerge out of a deepening economic crisis, Bangladesh has extended the term of the USD 200 million loan to the island nation under a currency swap deal by one more year.
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Pakistan: Former Finance Minister Ishaq Dar advises govt to renegotiate IM
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], May 8 (ANI): Former Finance Minister and senior Pakistan Muslim League (PML-N) leader Ishaq Dar on Saturday advised the new government of Pakistan to renegotiate International Monetary Fund (IMF) bailout package.
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Pakistan FM claims ex-PM Imran Khan pushed economy into 'subsidy' trap
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], April 24 (ANI): Accusing former Pakistan Prime Minister Imran Khan of setting a trap for his successors by announcing heavy subsidies on fuel weeks before his ouster, Finance Minister Miftah Ismail has said that the government will have to withdraw the subsidies to revi
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Sri Lanka Finance Minister, officials leave for Washington for discussion
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 17 (ANI): Amid the ongoing economic crisis and widespread protests against the government, a four-member Sri Lankan delegation led by the newly appointed Finance Minister Ali Sabry has left for Washington for initial discussions with the International Monetary Fund
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Sri Lanka seeks bridging finance from India till IMF bailout
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 17 (ANI): While India plays a prominent role in helping its neighbour Sri Lanka come out of a deep economic crisis, it was learnt from reliable sources that Colombo has asked New Delhi to provide bridging finance for the crisis-ridden country till the Internatio
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China avoids bailing out Sri Lanka, Pakistan as their debt deepens: Report
Updated : 3 years, 11 months ago IST
Beijing [China], April 15 (ANI): China is displaying reluctance in assisting with loan bailouts to Sri Lanka and Pakistan, which are facing severe economic and foreign debt crises even as the Asian giant was earlier keen on providing loans for various infrastructure projects in these countri
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IMF loans can compromise Pakistan's economic sovereignty, says expert
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 10 (ANI): The International Monetary Fund (IMF) has agreed to provide a USD 6 billion bailout package for Pakistan, but it can adversely affect common livelihoods and can compromise Pakistan's economic sovereignty.
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IMF, Pak agree on reviewing reform programmes
Updated : 6 years ago IST
Islamabad [Pakistan], Feb 28 (ANI): The International Monetary Fund (IMF) has said it has reached an agreement with Pakistan "on policies and reforms needed to complete the second review" of the USD 6 billion Extended Fund Facility (EFF).
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Pakistan receives second tranche of $452 mn from IMF
Updated : 6 years, 2 months ago IST
Islamabad [Pakistan], Dec 27 (ANI): Pakistan on Thursday received USD 452.4 million as a second tranche of the USD 6 billion loan from the International Monetary Fund (IMF).
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Cash-strapped Pakistan to receive another installment of USD 6 billion loa
Updated : 6 years, 4 months ago IST
Islamabad [Pakistan], Nov 9 (ANI): The International Monetary Fund (IMF) on Friday approved the release of another instalment of a USD 6 billion, three-year loan to Pakistan.
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IMF to extend $6 bn bailout package to restore Pak's plunging economy
Updated : 6 years, 5 months ago IST
Washington D.C. [USA], Sept 18 (ANI): The International Monetary Fund (IMF) on Wednesday announced that it would extend a bailout package worth USD six billion to help Pakistan restore an inclusive and sustainable growth of its plunging economy.
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