Search For "imf bailout"
Failure to publish the IMF report exposes Pakistan's governance gaps
Updated : 5 months, 1 week ago IST
Pakistan missed the IMF deadline to release its Governance and Corruption Diagnostic Report, delaying key judicial and governance reforms. While most fiscal targets were met, issues with SOEs, tax collection, and provincial cash surpluses remain. Despite shortcomings, the IMF programme is se
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"Modi Govt buckled under US pressure": Jairam Ramesh questions IMF bailout
Updated : 10 months ago IST
Congress MP Jairam Ramesh on Saturday criticised the BJP-led central government for abstaining from voting in the International Monetary Fund (IMF) Executive Board meeting when it considered fresh loans of USD 1.3 billion to Pakistan, saying that the government buckled under US pressure.<
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India opposes IMF funding to Pakistan over cross-border terrorism concerns
Updated : 10 months, 1 week ago IST
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
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India will put forward its perspective before IMF as it reviews Pakistan b
Updated : 10 months, 1 week ago IST
India will put forward its perspective on the impending IMF bailout for Pakistan at the board meeting of IMF scheduled today.
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Kartarpur Sahib Corridor services suspended indefinitely, says Foreign Sec
Updated : 10 months, 1 week ago IST
Foreign Secretary Vikram Misri confirmed that the Indus Waters Treaty is in abeyance and emphasised that India has responded to recent developments in a "responsible and just way."
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Micheal Martin returns as Irish Prime Minister
Updated : 1 year, 1 month ago IST
Micheal Martin has been re-elected as the prime minister of Ireland, leading a coalition government. His return follows a vote in parliament, a day after the nomination faced a delay due to opposition protests. Martin's leadership comes amid economic concerns and promises to strengthen Irela
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Pakistan's 7 billion USD bailout deal with IMF in doldrums
Updated : 1 year, 4 months ago IST
The key assumptions used to finalise Pakistan's USD 7 billion deal with the International Monetary Fund (IMF) has gone haywire within a month of its approval, leaving the authorities concerned with an option either to renegotiate the package or keep suffocating the economy through more taxes
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Time to change Pakistan economy's DNA, says country's Finance Minister aft
Updated : 1 year, 5 months ago IST
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.
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"Pakistan asking IMF for USD 7 billion bailout package, could have asked u
Updated : 1 year, 5 months ago IST
Union Defence Minister Rajnath Singh on Sunday said that Pakistan has asked the International Monetary Fund (IMF) for a seven billion dollar bailout package, and Prime Minister Narendra Modi has given more than this in the PF package for J&K.
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Pakistan government falls short of loan target in July
Updated : 1 year, 6 months ago IST
The Pakistan government, awaiting approval of a $7 billion IMF bailout, struggled to secure foreign assistance in July, receiving only $436.4 million--a sharp 85% drop compared to the same period last year. With an ambitious $19.4 billion target for foreign aid in FY25, the government faces
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Pakistan passes tax-heavy budget; experts condemn reforms amid crisis
Updated : 1 year, 8 months ago IST
Pakistan's parliament on Friday passed a tax-heavy finance bill for the upcoming fiscal year amid ongoing negotiations for a new International Monetary Fund (IMF) bailout.
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Public outrage over high taxes in Pakistan for IMF bailout
Updated : 1 year, 8 months ago IST
There is widespread anger in Pakistan towards the government over the significant tax hikes that the authorities have levied to boost state revenues with an aim to achieve approval for an International Monetary Fund's (IMF) bailout to prevent another economic crisis in Pakistan.
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