Search For "imf program"
Pakistan's foreign exchange reserves hit all-time low since December 2019
Updated : 4 years ago IST
Karachi [Pakistan], May 13 (ANI): Trade deficits and increasing current account coupled with dried up dollar inflows, and external debt payments have resulted in an alarming dip in Pakistan's foreign exchange reserves, plunging to a record low since December 2019.
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Pakistani rupee registers all-time low amid falling foreign currency reser
Updated : 4 years ago IST
Islamabad [Pakistan], May 12 (ANI): Ahead of the delay in the revival of the International Monetary Fund (IMF) programme and falling foreign currency reserves, the Pakistani rupee hit an all-time low against the US Dollar, crippling the country's economy further.
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IMF team to visit Pakistan in May to discuss subsidies
Updated : 4 years, 1 month ago IST
Washington [US], April 25 (ANI): The International Monetary Fund (IMF) announced that it will be sending a mission to Pakistan next month after a team of the international lender held discussions with Pakistan Finance Minister Miftah Ismail in Washington.
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IMF wants Pakistan to reverse Imran Khan's relief package
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], April 21 (ANI): Pakistan Finance Minister Miftah Ismail on Wednesday said that the International Monetary Fund (IMF) wants the country to revoke the subsidies extended by the Imran Khan government by increasing fuel prices and power tariffs, to revive its Extended Fund
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Subsidy on oil prices by Imran Khan govt has left Shehbaz Sharif administr
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], April 19 (ANI): The capping of oil prices, amounting to a subsidy of 150 billion Pakistani rupees per month, by the Imran Khan government towards the end of its tenure has become a major concern for the present government that sees it as a trap to sabotage the Shehbaz S
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IMF's USD 1 bn tranches to Pakistan forces Islamabad to slap Rs 160 bn tax
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], February 5 (ANI): The now-resumed International Monetary Fund (IMF) programme that revived Pakistan's stalled programme and cleared USD 1 billion tranches has forced the federal government to impose Pakistani Rs 160 billion tax on the country's salaried class by reducin
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Pakistan to face full-fledged financial crisis by end of fiscal year
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], January 14 (ANI): A full-fledged crisis will be knocking at the doors of Pakistan's struggling economy by end of the current fiscal year if the International Monetary Fund (IMF) program does not revive by the end of January or early February this year, said a recent rep
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Pakistan's IMF programme stirs controversy as government violates due legi
Updated : 4 years, 6 months ago IST
Islamabad [Pakistan], November 13 (ANI): The due legislation procedure was bypassed in haste for the State Bank of Pakistan (SBP) Amendment Bill that has landed the International Monetary Fund programme in Pakistan into deeper controversy, reported The News International.
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Quitting IMF programme not possible now: Pakistan Finance Minister
Updated : 4 years, 11 months ago IST
Islamabad [Pakistan], June 18 (ANI): Pakistan Finance Minister Shaukat Tarin has said that it is not possible for Pakistan to come out of the International Monetary Fund (IMF) programme, as he agreed to review the Federal Board of Revenue's (FBR) powers of arresting taxpayers in consultation
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Imran Khan-led govt unlikely to implement IMF conditions in budget: Ex Pak
Updated : 4 years, 11 months ago IST
Islamabad [Pakistan], June 8 (ANI): Former finance minister of Pakistan's Punjab province, Aisha Ghous Pasha has said that the International Monetary Fund (IMF) programme will likely be suspended because the Imran Khan-led federal government might be unable to implement major conditions of t
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Despite IMF loans, Pakistan continues to rely on China
Updated : 5 years, 1 month 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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Sri Lanka election result increases policy uncertainty: Fitch
Updated : 6 years, 6 months ago IST
Hong Kong, Nov 22 (ANI): Sri Lanka's presidential election significantly increases policy uncertainty and could prompt loosening that exacerbates fiscal weaknesses and a rollback of reforms, according to Fitch Ratings.
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