Search For "delay in the revival of the international monetary fund"
Pakistan PM Shehbaz Sharif says fears of default have "ended" owing to gov
Updated : 3 years, 4 months 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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Pakistani currency dives to Rs 211 per US dollars, losing over Rs 2 during
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], June 21 (ANI): Owing to quarter-end payments and delay in the revival of the International Monetary Fund (IMF) programme, the Pakistani rupee on Tuesday breached 211-a-US dollar, losing Rs 2 during intra-day trading.
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Pakistan: Oil, eatable import bill spiked to USD 24.77 billion
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], May 15 (ANI): Pakistan's oil and eatable import bill surged by 58.98 per cent to USD 24.77 billion in the months of July and April even the country battles a fast declining economy, owing to an increase in international prices and a massive depreciation of the rupee.
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Pakistan's foreign exchange reserves hit all-time low since December 2019
Updated : 4 years, 2 months ago IST
Karachi [Pakistan], May 13 (ANI): Trade deficits and increasing current account coupled with dried up dollar inflows, and external debt payments have resulted in an alarming dip in Pakistan's foreign exchange reserves, plunging to a record low since December 2019.
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Pakistani rupee registers all-time low amid falling foreign currency reser
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], May 12 (ANI): Ahead of the delay in the revival of the International Monetary Fund (IMF) programme and falling foreign currency reserves, the Pakistani rupee hit an all-time low against the US Dollar, crippling the country's economy further.
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