Search For "imf loan"
Farm distress rising in Pakistan due to tax policies to gain IMF loan
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 17 (ANI): Farm distress is on the rise in Pakistan with various groups staging protests in multiple cities as the Imran Khan government has withdrawn all tax exemptions and imposed fresh taxes to fulfill International Monetary Fund's demand to receive the loan,
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Pakistani Finance Minister says must avoid 'begging' IMF, other nations fo
Updated : 4 years, 1 month ago IST
Karachi [Pakistan], February 13 (ANI): Pakistan's Finance Minister Shaukat Tarin on Saturday emphasised the need of reviving Pakistan's economy in order to avoid having to "beg" for loans from the International Monetary Fund (IMF) and other nations.
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IMF loans can compromise Pakistan's economic sovereignty, says expert
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 10 (ANI): The International Monetary Fund (IMF) has agreed to provide a USD 6 billion bailout package for Pakistan, but it can adversely affect common livelihoods and can compromise Pakistan's economic sovereignty.
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Pakistan's income-expense gap widens to Rs 1.8 trillion causing budget def
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 20 (ANI): Pakistan's federal budget deficit in the first half of the current fiscal year shot up to Rs 1.8 trillion, a 29 per cent jump compared to the same period of the previous year, despite a slowdown in development spending and double-digit growth in revenu
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Growing financing needs may force Pakistan to seek new IMF loan to meet it
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 18 (ANI): Pakistan as it faces increased economic pressure may be forced to seek a new International Monetary Fund loan (IMF) to meet its gross financial needs.
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Shahbaz Sharif opposes Imran Khan's govt plan to present mini-budget, says
Updated : 4 years, 3 months ago IST
Lahore [Pakistan], December 12 (ANI): Pakistan Muslim League-Nawaz (PML-N) President Shahbaz Sharif on Saturday opposed Imran Khan-led government plan to present a mini-budget and said that the National Assembly approving a mini-budget would be national suicide.
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Despite IMF loans, Pakistan continues to rely on China
Updated : 4 years, 11 months ago IST
Islamabad [Pakistan], April 10 (ANI): Pakistan is set to address a dozen conditions in six months to meet the USD 6 billion International Monetary Fund (IMF) programme as the debt-ridden country continues to rely heavily on its all-weather friend China, for additional support, according to a
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IMF to consider $1.4 bn loan to Pakistan after Imran Khan seeks help to ta
Updated : 5 years, 11 months ago IST
Islamabad [Pakistan], April 13 (ANI): The International Monetary Fund (IMF) has called its executive board meeting on April 16 to consider disbursement of an extra loan worth $1.4 billion to Pakistan after prime minister Imran Khan, once again, opened up his arms before the global financial
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Pakistan receives second tranche of $452 mn from IMF
Updated : 6 years, 2 months ago IST
Islamabad [Pakistan], Dec 27 (ANI): Pakistan on Thursday received USD 452.4 million as a second tranche of the USD 6 billion loan from the International Monetary Fund (IMF).
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Pakistan in the midst of economic crisis, says UN
Updated : 6 years, 6 months ago IST
Islamabad [Pakistan], Sept 27 (ANI): Despite support from China and Saudi Arabia and a huge IMF loan that helped Pakistan to address its immediate economic crisis, the United Nations on Thursday said that the country is still in the midst of a crisis.
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More loans may lead to slowdown of Pakistan's crumbling economy
Updated : 6 years, 6 months ago IST
Islamabad [Pakistan], Sep 10 (ANI): In a bid to secure its plunging economy, Pakistan has been desperately trying to garner more investments and bailout packages from various entities. The huge debt pile-up, however, would gradually force a slowdown in new projects that may push the country
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Pak's failure to exit from FATF grey list poses risk to IMF loan: Official
Updated : 6 years, 7 months ago IST
Islamabad [Pakistan], Aug 6 (ANI): Pakistan's failure to exit from Financial Action Task Force's (FATF) grey list is a risk to the recently approved International Monetary Fund (IMF) loan worth USD six billion, said Teresa Daban Sanchez, IMF's Resident Representative for the country.
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