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IMF mission to meet Pakistan authorities next week to discuss "next phase
Updated : 1 year, 10 months ago IST
The International Monetary Fund (IMF) mission is expected to meet Pakistan authorities next week to further discuss the "next phase of engagement", Dawn reported citing, an official from the global lender.
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IMF approves final USD 1.1 bn tranche for Pakistan's bailout package
Updated : 1 year, 11 months ago IST
This latest funding marks the third and final installment of a USD 3 billion standby arrangement with the IMF, crucial for Pakistan to stave off a sovereign default, particularly as the existing arrangement is set to expire this month.
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Pakistan needs another IMF loan programme for stability, says PM Shehbaz S
Updated : 2 years ago IST
The comments came after the IMF agreed to a staff-level agreement with Islamabad which, if approved by its board, would disburse the last tranche of USD 1.1 billion under an existing USD 3 billion standby arrangement.
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Pakistan needs another IMF bailout, says PM Shehbaz Sharif amid economic w
Updated : 2 years ago IST
Pakistan Prime Minister Shehbaz Sharif said on Thursday that the financially beleaguered nation needed another long-term bailout from the International Monetary Fund (IMF) to stabilise its fragile economy, ARY News reported.
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Pakistan seeks 24th bailout package from IMF as country faces prolonged fi
Updated : 2 years ago IST
The International Monetary Fund confirmed that Pakistan was seeking a 24th medium-term bailout package for a permanent push towards longstanding structural reforms, reported Dawn.
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IMF approves USD 700 mn loan for Pakistan
Updated : 2 years, 2 months ago IST
Amid the crippling economic woes in Pakistan, the Executive Board of the International Monetary Fund (IMF) completed its first review of the country's economic reform programme and allowed the immediate disbursement of USD 700 million, ARY News reported on Thursday.
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Pak govt to ratify gas price ahead of IMF review
Updated : 2 years, 5 months ago IST
This development has prompted a special meeting of the Economic Coordination Committee (ECC) to convene, where discussions will revolve around a remarkable 3,900 per cent surge in fixed monthly charges and a substantial 194 per cent hike in consumer rates for natural gas.
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Pakistan finance minister hints at 'Plan B' as IMF loan remains locked
Updated : 2 years, 9 months ago IST
While addressing the post-budget news conference, Dar ruled out any talks about restructuring external debt with multilateral agencies or Paris Club.
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Pakistan's foreign reserves continue to decline due to loan repayment
Updated : 2 years, 10 months ago IST
The foreign exchange reserves continued their downward trend and fell to USD 4.38 billion in the week ending May 5, central bank data showed on Thursday.
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Pakistan: IMF Loan Agreement delays after 'new demand'
Updated : 2 years, 10 months ago IST
According to the sources, Pakistan has been asked to present a repayment plan for a USD 3.7 billion loan to the IMF in June as well as needs to demonstrate stronger support from friendly nations in order to meet the commitment.
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State Bank of Pakistan likely to raise interest rate to unlock IMF loan pr
Updated : 2 years, 11 months ago IST
The staff-level agreement between the International Monetary Fund (IMF) and Pakistan was scheduled to take place on February 9.
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Sri Lankan envoy meets RBI governor, discusses bilateral economic cooperat
Updated : 2 years, 12 months ago IST
Sri Lankan High Commissioner to India, Milinda Moragoda, met the Reserve Bank of India governor Shaktikanta Das on Wednesday and discussed bilateral economic cooperation.
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