Spectre of potential default looms large over Pak economy: Report

The consequences of a default for Pakistan's economy would be dire with hyperinflation, devaluation of the Pakistani...

Pakistan looking towards friendly countries for funding

The current loan programme with the IMF will end on June 30, 2023, and Pakistan is now 'considering' a new IMF...

IMF to discuss Pakistan's upcoming budget plans

Pakistan will need another IMF programme once this one ends. For that, Islamabad needs to bridge the trust gap with...

New Saudi Arabia reluctant to spend on unstable Pakistan

Even if Pakistan wins Saudi Arabian support for the resumption of its IMF programme, it will only be a temporary...

Pakistan economy in "tailspin" IMF pauses and Saudi turns cold

"There is a very slim chance that Pakistan may be able to win Saudi Arabian support for the resumption of its IMF...

Pakistan may default on its debt: US think tank

The cash-strapped nation is reeling with the repercussions of a deepening political crisis, which initially began in...

Pak needs foreign loans to avoid public debt crisis: World Bank

The World Bank in its flagship report 'Pakistan Development Update' warned Pakistan regarding serious dangers to its...

Sri Lankan Prez expresses gratitude to IMF for approving program

"I thank the IMF for approving Sri Lanka's program under the Extended Fund Facility. We are committed to full...

Pak PM accuses Imran Khan of creating hurdles in IMF programme

Pakistan PM Shehbaz Sharif said that the creation of chaos on roads is part of Imran Khan's agenda which aims at...

Pak PM blames Imran Khan for "derailing his own IMF programme"

Shehbaz Sharif said that the PTI chief's agenda includes spreading anarchy and chaos on the streets of the country,...

Pakistan need to fix responsibility for its depleting forex

This quick depletion of the forex reserves was blamed on the PDM government's indecisiveness vis-a-vis revival of...

International Monetary Fund demands more details on Pak's budget

A government official said that the remaining loan repayment requirements and external financing of managing the...