Search For "imf bailout"
Pakistan: SBP forex reserves sink to a month's worth of import cover
Updated : 2 years, 11 months ago IST
In its weekly bulletin, the State Bank of Pakistan (SBP) said that its foreign exchange reserves have decreased as of the week ended March 24, which will provide an import cover of less than a month.
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India, US, Japan secure USD 2.286 bn IMF bailout for Sri Lanka
Updated : 2 years, 11 months ago IST
After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7bn to Sri Lanka, the International Monetary Fund (IMF) approved the USD 2.286 billion (about USD 3bn) bailout for Sri Lanka on March 20. The Sri Lankan government und
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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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US Centcom chief expresses trust in Pakistan's nuclear agenda amid politic
Updated : 2 years, 11 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, 11 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 : 2 years, 12 months 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 : 2 years, 12 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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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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The IMF bailout package: Will Pakistan make it?
Updated : 3 years ago IST
Notwithstanding the fact that crisis-hit country has completed a major part of IMF conditionality, glitches still remain with regard to external financing requirement.
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