Search For "imf package"
IMF packages, foreign bailouts will not suffice to keep Pak economy afloat
Updated : 2 years, 10 months ago IST
Pakistan's economic blindspot continues to be the fact that no amount of IMF bailouts or foreign bailouts will be enough to keep the economy afloat without the nation undertaking a comprehensive structural makeover.
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External financing requirements for IMF deal with Pakistan not changed, cl
Updated : 3 years ago IST
On Sunday, Perez Ruiz said that external funding requirements had not changed throughout the discussions, under a review that would unlock USD 1.1 billion in financing for the cash-strapped South Asian nation as part of a USD 6.5 billion IMF package, Dawn reported.
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IMF asks Pakistan to arrange USD 8 billion for successful bailout review
Updated : 3 years, 1 month ago IST
A staff-level accord to release a USD 1.1 billion tranche out of a USD 6.5 billion IMF package has been delayed since November, with nearly 100 days gone since the last staff-level mission to Pakistan.
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Of Sri Lanka's total USD 3-bln IMF package, USD 330-mln to be immediately
Updated : 3 years, 2 months ago IST
Sri Lanka has been facing a severe economic crisis as a result of past policy missteps and economic shocks.
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Pakistan's financial struggle and low credibility, result of terror links
Updated : 3 years, 3 months ago IST
Islamabad had been trying to put on a brave face in its struggle to unlock critical funding from the IMF, but the administration is quite nervous beneath its confident exterior, as it finds it increasingly difficult to convince the Fund to release a loan instalment. This was realised by its
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State Bank of Pakistan's foreign exchange reserves fall to four-year low o
Updated : 3 years, 6 months ago IST
The central bank data noted that the State Bank of Pakistan's reserves were recorded below this level during the week that ended on January 18, 2019,
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Pakistan FM claims ex-PM Imran Khan pushed economy into 'subsidy' trap
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], April 24 (ANI): Accusing former Pakistan Prime Minister Imran Khan of setting a trap for his successors by announcing heavy subsidies on fuel weeks before his ouster, Finance Minister Miftah Ismail has said that the government will have to withdraw the subsidies to revi
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Faced with acute crude oil shortage, Pakistan asks foreign airlines to bri
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], April 23 (ANI): Pakistan has directed all foreign airlines to bring extra fuel when arriving in the country, which is grappling with a shortage of crude oil, reported local vernacular media.
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Shehbaz Sharif govt decides to resume talks with IMF for package revival
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], April 17 (ANI): With Pakistan's economy in the doldrums, the new government led by Prime Minister Shehbaz Sharif has decided to resume talks with the International Monetary Fund (IMF) from Monday, reported local media on Sunday citing sources.
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Pakistan foreign currency reserves deplete after stalemate over IMF packag
Updated : 4 years, 5 months ago IST
Islamabad [Pakistan], December 24 (ANI): Pakistan's foreign currency reserves are depleting after the persistent stalemate over the renewal of the IMF package.
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Pakistan: Talks on reviving USD 6 billion IMF package next week
Updated : 4 years, 8 months ago IST
Islamabad [Pakistan], October 4 (ANI): Pakistan and International Monetary Fund (IMF) are set to resume talks next week on the revival of the USD 6 billion derailed programme. Both sides would try to find the middle ground on the debatable issue of an increase in electricity prices.
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