The International Monetary Fund (IMF) has approved an immediate disbursement of USD1 billion to Pakistan under the Extended Fund Facility (EFF) and around USD 200 million under the Resilience and Sustainability Facility (RSF), bringing total disbursements to nearly USD 1.2 billion.
PM Shehbaz Sharif told IMF chief Kristalina Georgieva that Pakistan is meeting programme targets but urged factoring in flood damage in the upcoming review. He also met World Bank President Ajay Banga, praising support and welcoming a $40 billion partnership framework for reforms and climate
India on Wednesday firmly opposed providing funds to a country that continues to sponsor cross-border terrorism, warning that such support carries reputational risks for global institutions and undermines international norms at the voting on the International Monetary Fund's (IMF) review
India has abstained from voting on the International Monetary Fund's (IMF) review of a USD1 billion Extended Fund Facility (EFF) and consideration of a fresh USD1.3 billion Resilience and Sustainability Facility (RSF) for Pakistan, according to a statement released today by the Ministry o
The IMF's Executive Board is expected to give its nod for the disbursement during its meeting today, part of a long-running USD 7 billion Extended Fund Facility (EFF) program.
Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement on the first review of Pakistan's 37-month USD 7 billion Extended Fund Facility (EFF) and a new 28-month USD 1.3 billion arrangement under the Resilience and Sustainability Facility (RSF), as reported by
The International Monetary Fund (IMF) has rejected Pakistan's Federal Board of Revenue's (FBR) request for reducing transaction taxes for the property sector for the time being.
A reduction in electricity tariffs, as promised by the government of Pakistan, could not get past the International Monetary Fund (IMF), which is presently holding back a staff-level agreement (SLA) on the first biannual review of the USD 7 billion Extended Fund Facility (EFF), according to
According to the IMF, Pakistan's external financing requirements are projected to reach USD 62.6 billion over the next three years under the Extended Fund Facility (EFF) program. This amount is expected to further increase to USD 110.5 billion over a five-year period, from 2024-2025 to 2028-
Pakistan must overhaul its economic foundation to break free from repeated IMF bailouts, according to Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, who stressed that the recently approved 37-month Extended Fund Facility (EFF) should be the country's last.
The International Monetary Fund (IMF) confirmed that the talks with Pakistan are underway on the 24th 'longer and larger' bailout programme under the Extended Fund Facility (EFF), reported ARY News.
An International Monetary Fund (IMF) team arrived in Pakistan on Friday, to hold talks as they requested a longer and larger size of bailout package under the Extended Fund Facility (EFF), reported Geo News.