Search For "bailout"
More loans may lead to slowdown of Pakistan's crumbling economy
Updated : 6 years, 6 months ago IST
Islamabad [Pakistan], Sep 10 (ANI): In a bid to secure its plunging economy, Pakistan has been desperately trying to garner more investments and bailout packages from various entities. The huge debt pile-up, however, would gradually force a slowdown in new projects that may push the country
Read More
Chinese firms pledge to invest USD 5 bn in debt-ridden Pakistan
Updated : 6 years, 8 months ago IST
Islamabad [Pakistan], July 13 (ANI): Leading Chinese firms have told Prime Minister Imran Khan that they will invest USD 5 billion in cash-strapped Pakistan in various sectors over a period of three to five years.
Read More
IMF blames PTI, PML-N for Pak's economic crisis
Updated : 6 years, 8 months ago IST
Islamabad [Pakistan], July 11 (ANI) : The International Monetary Fund has lashed out at ruling Imran Khan-led Pakistan Tehreek-i-Insaf for not adopting adequate policies to address the economic crisis in the country.
Read More
Pak to receive first trench of IMF bailout package today
Updated : 6 years, 8 months ago IST
Islamabad [Pakistan], July 9 (ANI): Out of the USD 6 billion bailout package, Pakistan will receive the instalment of USD 1 billion from the International Monetary Fund (IMF) today.
Read More
IMF to approve bailout package for Pak; Fitch says it would negatively imp
Updated : 6 years, 8 months ago IST
Islamabad [Pakistan], June 28 (ANI): The International Monetary Fund (IMF) is scheduled to hold its meeting in Washington on July 3 to consider three-year 'extended fund facility' of USD six billion for Pakistan.
Read More
Qatar to invest USD 3 bn in cash-strapped Pakistan
Updated : 6 years, 8 months ago IST
Islamabad [Pakistan], Jun 25 (ANI): Qatar has decided to invest USD 3 billion in cash-strapped Pakistan to help the latter in shoring up its crumbling economy.
Read More
Pak PM should honour his words to commit suicide, says MQM leader
Updated : 6 years, 10 months ago IST
London [UK], May 19 (ANI): Muttahida Qaumi Movement (MQM) Altaf Hussain has said that Pakistani Prime Minister Imran Khan should keep his word to commit suicide rather than approaching the International Monetary Fund (IMF) for bailout packages.
Read More
Pak bags preliminary deal for $6Bn IMF bailout
Updated : 6 years, 10 months ago IST
Islamabad [Pakistan] May 13 (ANI): Pakistan government reached an agreement with the International Monetary Fund (IMF) for a bailout package of $6 billion, Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh said on Sunday.
Read More
Talks with IMF continues as Imran khan rejected first draft of bailout pac
Updated : 6 years, 10 months ago IST
Islamabad [Pakistan], May 11 (ANI): After Pakistan Prime Minister Imran Khan rejected the first draft for a bailout package, the country's Foreign Ministry on Saturday said that the talks with International Monetary Fund (IMF) are still underway.
Read More
Pak appoints ex-IMF official as SBP head amid IMF talks
Updated : 6 years, 10 months ago IST
Islamabad [Pakistan], May 5 (ANI): Pakistan on Saturday appointed Reza Baqir, a Pakistani economist working for the International Monetary Fund (IMF), as the governor of the State Bank of Pakistan (SBP), as the debt-ridden country seeks to finalise a bailout package from the global lender.
Read More
Chinese ambassador calls on Pak Finance Minister to discuss bilateral coop
Updated : 6 years, 11 months ago IST
Islamabad [Pakistan], Apr 17 (ANI): Chinese ambassador Yao Jing on Tuesday called on Finance Minister Asad Umar to discuss bilateral cooperation along with the ongoing projects under the China-Pakistan Economic Corridor (CPEC).
Read More
'Pakistan, IMF have finalised bailout package'
Updated : 6 years, 11 months ago IST
Islamabad [Pakistan], Apr 16 (ANI): Pakistan and the International Monetary Fund (IMF) have reached a bailout agreement and all the contentions have been resolved, Pakistan's Finance Minister Asad Umar said on Tuesday.
Read More