Search For "imf bailout"
Pak Finance Minister Ismail warns of economic hardships till September
Updated : 3 years, 7 months ago IST
Karachi [Pakistan], August 6 (ANI): Owing to rising inflation, high energy prices and the depreciating Pakistani currency, Finance Minister Miftah Ismail on Saturday warned that economic hardships would continue till September.
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General Bajwa's seeking help from US reveals Pakistan's catastrophic econo
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 2 (ANI): COAS (Chief of Army Staff) General Qamar Jawed Bajwa's phone call to US Deputy Secretary of State Wendy Sherman kicked up a storm and shows that Pakistan's economy is in tatters.
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Pak: Imran's dual standards over Army's role in economic policies
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 1 (ANI): Pakistan's former Prime Minister Imran Khan condemned Army chief Qamar Bajwa for requesting the US for an IMF bailout, however, it is contradictory to Khan's own stance where during his tenure his own party allowed Army's involvement in the country's eco
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Pakistan's cabinet okays ordinance to sell assets to prevent country from
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 24 (ANI): Pakistan's cabinet has approved an ordinance to bypass all the procedures for selling assets to foreign countries in order to prevent the country from defaulting.
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Fitch downgrades Pakistan's outlook from stable to negative
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 19 (ANI): Amid renewed political volatility, the Fitch Ratings agency on Tuesday downgraded Pakistan's outlook from stable to negative.
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Pakistan's external debt servicing rises to USD 10.886 billion
Updated : 3 years, 8 months ago IST
Karachi [Pakistan], July 13 (ANI): Pakistan's external debt servicing rose to USD 10.886 billion in the first three quarters of 2021-22 compared to USD 13.38bn in the entire FY21.
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Pakistan's foreign policy at a crossroads: ASPI
Updated : 3 years, 8 months ago IST
Canberra [Australia], July 13 (ANI): Pakistan's foreign policy is in disarray as no country has come to offer it extraordinary support amid rising inflation and a balance-of-payments crisis.
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Prolonged Russia-Ukraine conflict to intensify Pakistan's economic woes
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 12 (ANI): Pakistan, which is reeling under high inflation, sliding forex reserves, widening current account deficit and depreciating currency, is bracing for the worst economic woes due to the prolonged Russia-Ukraine conflict.
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Ongoing bailout deal with IMF 'outdated': Pak Foreign Minister Bilawal
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], May 26 (ANI): With the blame game still on between the present and former governments in Pakistan over the ongoing economic crisis in the country, Foreign Minister Bilawal Bhutto called the ongoing bailout deal with International Monetary Fund outdated, reported The New
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Pakistan: Former Finance Minister Ishaq Dar advises govt to renegotiate IM
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], May 8 (ANI): Former Finance Minister and senior Pakistan Muslim League (PML-N) leader Ishaq Dar on Saturday advised the new government of Pakistan to renegotiate International Monetary Fund (IMF) bailout package.
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Sri Lanka seeks bridging finance from India till IMF bailout
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 17 (ANI): While India plays a prominent role in helping its neighbour Sri Lanka come out of a deep economic crisis, it was learnt from reliable sources that Colombo has asked New Delhi to provide bridging finance for the crisis-ridden country till the Internatio
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IMF to extend $6 bn bailout package to restore Pak's plunging economy
Updated : 6 years, 5 months ago IST
Washington D.C. [USA], Sept 18 (ANI): The International Monetary Fund (IMF) on Wednesday announced that it would extend a bailout package worth USD six billion to help Pakistan restore an inclusive and sustainable growth of its plunging economy.
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