Search For "imf loan"
Pakistan needs to pass budget agreed with IMF to get loan assistance
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 30 (ANI): Pakistan will have to take two more "prior actions" to secure economic relief package from International Monetary Fund (IMF) - Passing the federal budget as agreed with the monetary organization, as well as, presenting a memorandum of understanding (MoU)
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Pakistan may cede Gilgit Baltistan to China to pay off its mounting debts:
Updated : 3 years, 9 months ago IST
Gilgit Baltistan [PoK], June 22 (ANI): Pakistan may cede Gilgit Baltistan (GB), a Pakistan-occupied Kashmir region (PoK) to China on lease to pay off its mounting debt.
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Pak PM Shehbaz Sharif hints at taking 'difficult' decisions amid tough eco
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 21 (ANI): Prime Minister Shehbaz Sharif on Tuesday hinted at taking "difficult" decisions to bring Pakistan out of the tough economic situation.
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Pakistani currency dives to Rs 211 per US dollars, losing over Rs 2 during
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 21 (ANI): Owing to quarter-end payments and delay in the revival of the International Monetary Fund (IMF) programme, the Pakistani rupee on Tuesday breached 211-a-US dollar, losing Rs 2 during intra-day trading.
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Pakistan following Sri Lanka's path to land in Chinese debt trap
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 18 (ANI): Pakistan is blindly following Sri Lanka's path which will lead the country to fall into the Chinese debt trap.
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Pakistanis urged to drink less tea to keep economy afloat
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 16 (ANI): Federal Minister for Planning and Development Ahsan Iqbal has urged Pakistanis to drink less tea as the nation grapples with the economic crisis.
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Pakistan in catch-22 situation on IMF, CPEC: Report
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 14 (ANI): Amid the political instability and debt payments for power plants coming up under the China-Pakistan Economic Corridor (CPEC), IMF's threat to delay the release of the USD 3 billion bailouts from six billion has pushed the Islamabad into an economic crisi
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Pak finance minister Ismail warns of default if subsidies not abolished ti
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 14 (ANI): Finance Minister Miftah Ismail on Monday said that Pakistan would default if the government did not abolish subsidies on petroleum products till July.
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Pakistan's political parties blame each other for economic crisis in the c
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 13 (ANI): Pakistan's political parties, the incumbent Pakistan Muslim League-Nawaz (PML-N) government and the ousted Pakistan Tehreek-e-Insaf (PTI) government led by Imran Khan on Sunday blamed each other for the economic mess in the country.
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Pakistan: Imran Khan blames Shehbaz Sharif government for rising inflation
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 10 (ANI): Pakistan Tehreek-e-Insaf (PTI) Chairman and former prime minister Imran Khan on Thursday blamed the Shehbaz Sharif-led government for rising inflation in the country which is adversely affecting the overburdened population.
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Pakistani rupee nosedives to all-time low of 202.83 against US dollar
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 8 (ANI): The Pakistani rupee on Tuesday surpassed all prior records against the US dollar after shedding sheds Rs 2.77, or 1.37 per cent, against the US dollar in the interbank market.
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Pakistan Rupee plunges to 200 against USD
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 7 (ANI): Pakistan Rupee on Monday breached the 200 mark against the US dollar once again in the interbank market.
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