Search For "bailout"
Pakistan to seek fresh IMF bailout package of over USD 8 billion
Updated : 1 year, 12 months ago IST
The country is expected to seek a fresh IMF bailout package of over USD 8 billion with the possibility of augmentation through climate finance on the occasion of upcoming spring meetings of Breton Wood Institutions, known as the IMF/World Bank, scheduled to be held in Washington, DC, from Ap
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Pakistan assures IMF not to allocate additional budget for China-Pakistan
Updated : 1 year, 12 months ago IST
The outstanding dues of power projects of China-Pakistan Economic Corridor (CPEC) alarmingly increased to a record PKR 493 billion or USD 1.8 billion as of end January. The amount was PKR 214 billion or 77 per cent higher than June last year.
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Row erupts over Pakistan former PM Imran Khan's letter to IMF over 'poll a
Updated : 2 years ago IST
Senators from two sides of political aisle sparred over Pakistan Tehreek-e-Insaaf (PTI) founder Imran Khan's letter to the International Monetary Fund (IMF) linking release of next tranche of bailout package with 'audit' of February 8 elections, Dawn reported.
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Pakistan Tehreek-e-Insaf urges IMF to audit Feb 8 elections before talks w
Updated : 2 years ago IST
While addressing a press conference in Islamabad on Wednesday, PTI leaders Barrister Gohar Ali Khan, Omar Ayub, Meher Bano Qureshi, and Muzammil Aslam have revealed details regarding PTI's letter to IMF.
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Pakistan seeks USD600 million from Chinese banks amid IMF bailout negotiat
Updated : 2 years, 4 months ago IST
The Pakistani government is actively engaged in discussions with the Industrial and Commercial Bank of China (ICBC) and the Bank of China, seeking a combined loan of USD 600 million.
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Pakistan: Amid slump in economy, petroleum division notifies huge hike in
Updated : 2 years, 4 months ago IST
A significant increase in petrol prices has been announced by the federal government, which will go into effect from November 1.
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China stalling IMF relief for debt grip Sri Lanka: Report
Updated : 2 years, 5 months ago IST
The last month's visit by IMF officials to the crisis-recovering nation seems like a hope for the country. But IMF has insisted on "financing assurances" from bilateral lenders as a key pillar, gave Sri Lanka a failing grade in the first review of the bailout, denying it a second tranche of
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Foreign ministry rejects report of Pakistani arms sale to Ukraine to secur
Updated : 2 years, 5 months ago IST
Pakistan's Foreign Ministry dismissed a report claiming that the country sold its weapons to Ukraine to secure an emergency bailout package from the International Monetary Fund (IMF).
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Secret Pakistani arms sale to US helped facilitate IMF bailout: Report
Updated : 2 years, 5 months ago IST
A Secret Pakistani arms sales to the US helped facilitate a controversial bailout from the International Monetary Fund (IMF) earlier this year, as per two sources aware of the arrangement, with confirmation from internal Pakistani and American government documents, The Intercept reported.
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Pak airline seeks USD 75 million as bailout package from interim govt
Updated : 2 years, 6 months ago IST
The Pakistan International Airline (PIA) has sought a bailout package worth Rs 23 billion Pakistani currency (approx. 75 million USD) from the government to continue its services amid the huge debt burden.
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Pakistan: Local transporters raise fare after hike in fuel price
Updated : 2 years, 7 months ago IST
Following the increase in fuel prices, local transport companies unilaterally increased fares by up to 20 per cent without consulting the authorities, reported ARY News.
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IMF packages, foreign bailouts will not suffice to keep Pak economy afloat
Updated : 2 years, 7 months ago IST
Pakistan's economic blindspot continues to be the fact that no amount of IMF bailouts or foreign bailouts will be enough to keep the economy afloat without the nation undertaking a comprehensive structural makeover.
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