Search For "bailout"
As country reels under inflation, Pakistanis feel pocket pinch in Ramzan m
Updated : 2 years, 11 months ago IST
Rising inflation has dampened the Ramzan spirit in Pakistan. As the country prepares for the holy month, many seem to have lost their faith in the State that governs them, reported DW News.
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IMF asks Pakistan to provide external financing assurances for release of
Updated : 2 years, 11 months ago IST
It should be noted that Pakistan and the IMF have been negotiating since early February on an agreement that would release USD 1.1 billion to the cash-strapped, nuclear-armed country of 220 million people and its supercritical for the liquidity-challenged country, whose deficient foreign exc
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Saudi Arabia refuses 'easy money' to Pakistan, demands economic reforms
Updated : 2 years, 11 months ago IST
Saudi Arabia is no longer willing to bail out Islamabad and refused to provide 'easy money' to Pakistan, demanding economic reforms, reported Middle East Eye.
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Of Sri Lanka's total USD 3-bln IMF package, USD 330-mln to be immediately
Updated : 2 years, 11 months ago IST
Sri Lanka has been facing a severe economic crisis as a result of past policy missteps and economic shocks.
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US Centcom chief expresses trust in Pakistan's nuclear agenda amid politic
Updated : 2 years, 12 months ago IST
The US general's statement is a relief ahead of Finance Minister Ishaq Dar's remarks last week in the Senate regarding the International Monetary Fund (IMF) bailout programme.
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Pakistan scales up in terrorism index, falls further deep into economic cr
Updated : 2 years, 12 months ago IST
Deaths by Tehrik-e-Taliban Pakistan (TTP) doubled while Islamic State-Khorasan (ISK) increased sevenfold in Pakistan. The BLA was responsible for a third of these deaths in Pakistan.
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Chinese investors hesitant to finance new projects in Pakistan amid its di
Updated : 2 years, 12 months ago IST
Beijing is not happy with the strict conditions of the International Monetary Fund (IMF) for the resumption of the USD 6 billion bailout package program, which may exacerbate Pakistan's economic troubles and draw scrutiny to Chinese loans.
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Imran Khan interacts with PTI supporters in gas mask after security forces
Updated : 3 years ago IST
After the withdrawal of the police, PTI chief Imran Khan came out of his residence, in a mask, and met the workers. The video was shared on PTI's Twitter account.
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Pakistan PM Shehbaz Sharif says fears of default have "ended" owing to gov
Updated : 3 years ago IST
Shehbaz Sharif's statement was contrary to over a dozen economists who believe that Pakistan faces the renewed risk of recession amid a deepening political and economic crisis and a delay in the revival of the International Monetary Fund's (IMF) bailout programme.
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Desperate for bailout, Pakistan to seek US help for staff-level agreement
Updated : 3 years ago IST
Following the delay in the staff-level agreement with the International Monetary Fund (IMF), Pakistan has decided to seek US help for the revival of the stalled loan programme, ARY News reported, citing sources. Sources within the Finance Ministry familiar with the development said that the
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US Treasury Secretary Yellen rules out bailout for bankrupt Silicon Valley
Updated : 3 years ago IST
"And the reforms that have been put in place mean that we're not going to do that again. But we are concerned about depositors and are focused on trying to meet their needs," she added.
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IMF doesn't trust finance ministry, says Pak ex-Finance Minister Miftah Is
Updated : 3 years ago IST
The next tranche of the IMF bailout package would depend on Pakistan's quick measures to arrange for full financing of its balance of payments deficit for the fiscal year 2022-23.
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