Search For "imf programme"
Pakistan's economic stabilisation under scrutiny amid persistent structura
Updated : 2 months, 1 week ago IST
Pakistan's business leaders warn that recent economic stability has not translated into real growth, citing structural flaws, weak industrial activity and IMF-driven reforms. They caution that without a shift toward medium-term growth planning, the country risks slipping back into another ec
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IMF rebukes Pakistan for fiscal mismanagement and lack of transparency
Updated : 3 months, 3 weeks ago IST
The International Monetary Fund (IMF) has issued a stern critique of Pakistan's fiscal governance, highlighting chronic weaknesses in financial management, accountability, and transparency. Despite operating under its 24th IMF programme alongside the Ministry of Finance (MoF), the Fund expre
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Failure to publish the IMF report exposes Pakistan's governance gaps
Updated : 5 months, 2 weeks ago IST
Pakistan missed the IMF deadline to release its Governance and Corruption Diagnostic Report, delaying key judicial and governance reforms. While most fiscal targets were met, issues with SOEs, tax collection, and provincial cash surpluses remain. Despite shortcomings, the IMF programme is se
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Pakistan to draw foreign investment, seek loan rollovers: Foreign Minister
Updated : 1 year, 8 months ago IST
The economically crippled country has relied heavily on IMF programmes for years, at times nearing the brink of sovereign default and having to turn to countries such as the United Arab Emirates (UAE) and Saudi Arabia to provide it with financing to meet external financing targets set by the
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Pakistan FinMin says Pak will stay in IMF cycle if taxes not tweaked
Updated : 1 year, 8 months ago IST
Aurangzeb said that the "upcoming IMF programme will not be our last fund programme if we don't bring our tax revenues up."
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Pakistan: Traders across nation join protesters against massive hike in el
Updated : 2 years, 6 months ago IST
Amid stringent International Monetary Fund (IMF) restrictions, traders from throughout Pakistan joined protesters in a demonstration against a significant increase in electricity tariffs on Thursday, ARY News reported.
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PM Shehbaz Sharif hopeful of current IMF programme being Pakistan's last
Updated : 2 years, 8 months ago IST
On Friday, Information Minister Marriyum Aurangzeb announced that the premier and the finance minister would address the public today to "inspire confidence" in the IMF deal
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Pak Minister hints at settling issues for stalled IMF bailout, promises "r
Updated : 2 years, 9 months ago IST
"We are following the programme in earnest at this stage and strongly hope that issues with the IMF would be settled very soon as the prime minister, the Ministry of Finance and the entire government were committed to the IMF programme and its amicable completion," said Minister of State for
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Pakistan looking towards friendly countries for funding following delay in
Updated : 2 years, 10 months ago IST
The current loan programme with the IMF will end on June 30, 2023, and Pakistan is now 'considering' a new IMF programme on renewed conditions.
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IMF to discuss Pakistan's upcoming budget plans before unlocking "financin
Updated : 2 years, 10 months ago IST
Pakistan will need another IMF programme once this one ends. For that, Islamabad needs to bridge the trust gap with the lender, Dawn reported. Despite assistance from the UAE, Saudi Arabia and China, the financing gap of up to USD 2bn remains. Further, the IMF seems averse to combining the r
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New Saudi Arabia reluctant to spend on unstable countries like Pakistan
Updated : 2 years, 11 months ago IST
Even if Pakistan wins Saudi Arabian support for the resumption of its IMF programme, it will only be a temporary respite. The truth is that Pakistan will not be able to secure any major package of economic support from Saudi Arabia today or in the foreseeable future because the model for suc
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Pakistan economic crisis continues as IMF bailout not in sight, Saudi Arab
Updated : 2 years, 11 months ago IST
"There is a very slim chance that Pakistan may be able to win Saudi Arabian support for the resumption of its IMF programme, but if it does, this will be a temporary respite," analyst Mosharraf Zaidi wrote in The News International last week. Saudi under Crown Prince, Prince Mohammed bin Sa
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