Search For "imf bailout"
Pakistan: Amid daunting challenges, PM Shehbaz invites Imran to All-Party
Updated : 3 years, 1 month ago IST
Amid a severe threat of terrorism and distressing economic and political situations, with no signs of respite soon, Pakistan Prime Minister Shehbaz Sharif has invited Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan to an all-party conference (APC) set to take place in Islamabad on Februar
Read More
Pak Rupee loses ground against dollar in interbank market
Updated : 3 years, 1 month ago IST
During intraday trade, the rupee depreciated by Rs 1.17 and was trading at Rs 270. The rupee had closed at Rs 268.83 on Wednesday.
Read More
9th review of Pakistan for USD 7 billion Extended Fund Facility kicks off
Updated : 3 years, 1 month ago IST
The discussion will revolve around Pakistan's plan for taking additional taxation measures to fetch over Rs 200 billion through a presidential ordinance, rationalizing expenditure, and hiking both electricity and gas tariffs for erasing the monster of the circular debt.
Read More
China's debt moratorium offer to Sri Lanka not sufficient for IMF to appro
Updated : 3 years, 1 month ago IST
The IMF needs more assurances from China to secure IMF board approval for the bailout package for Sri Lanka.
Read More
Pakistan economic woes may deepen if IMF programme not resumed: Report
Updated : 3 years, 1 month ago IST
IMF is delaying its 24th loan, and the Saudis and the UAE have warned Pakistan that they will no longer serve free lunch.
Read More
UAE rolls over USD 2 billion loans to Pakistan
Updated : 3 years, 1 month ago IST
It is pertinent to mention here that the UAE President had agreed to roll over the existing loan of USD 2 billion and provide a USD 1 billion additional loan.
Read More
Sri Lankan President Wickremesinghe says debt restructuring talks with Ind
Updated : 3 years, 1 month ago IST
The announcement comes in the wake of External Affairs Minister S Jaishankar's visit to the island nation who will be visiting Maldives and Sri Lanka from January 18-20.
Read More
Credit agency Fitch downgrades Pakistan to CCC+ from B-
Updated : 3 years, 4 months ago IST
Islamabad [Pakistan], October 21 (ANI): Fitch Ratings on Friday downgraded Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC+' from 'B-' amid country's political volatility and deteriorating economy.
Read More
Pak FM Dar urges IMF to modify its policy support amid catastrophic floods
Updated : 3 years, 4 months ago IST
Washington [US], October 17 (ANI): Pakistan Finance Minister Ishaq Dar on Sunday urged the International Monetary Fund (IMF) and multilateral donors to modify its policy support amid catastrophic floods.
Read More
Pakistan's love-hate relationship with IMF continues amid economic woes
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], October 1 (ANI): Governments may come and go, but Pakistan's economic woes - and its love and hate relationship with the International Monetary Fund (IMF) - remain constant.
Read More
Emergency loans from financial bodies not to solve Pakistan's woes, need t
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], September 23 (ANI): Pakistan needs an overhaul of economic policy as the country is facing its worst ever floods in history accompanied by a huge resource gap despite getting emergency loans from global financial bodies for the reconstruction.
Read More
Imran Khan flips on Pak Army chief tenure, suggests to extend his term til
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 13 (ANI): In a change of stance, former Pakistan Prime Minister and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan on Monday suggested that Chief of the Army Staff (COAS) General Qamar Javed Bajwa's tenure should be "extended till elections."
Read More