Search For "imf programme"
Pakistani currency dives to Rs 211 per US dollars, losing over Rs 2 during
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 21 (ANI): Owing to quarter-end payments and delay in the revival of the International Monetary Fund (IMF) programme, the Pakistani rupee on Tuesday breached 211-a-US dollar, losing Rs 2 during intra-day trading.
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Pakistan commits to stream gas pipeline project with Russia
Updated : 3 years, 9 months ago IST
Moscow [Russia], June 7 (ANI): Pakistan's ambassador to Russia Shafqat Ali Khan said his country is committed to the Pakistan Stream gas pipeline project with Moscow, adding that legal discussions are underway between the two countries.
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Pakistan's IMF program depends on govt ability to make fiscal adjustments
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 2 (ANI): The restoration of Pakistan's delayed International Monetary Fund (IMF) programme depends on the government's capacity to make a fiscal adjustment of about 2.5 per cent of the GDP.
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Pakistan government to hike power tariffs by Rs 7.14 per unit
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], May 14 (ANI): Amidst a devastating power crunch in Pakistan, the Pakistan government has decided to gradually revive the stalled International Monetary Fund(IMF) programme by raising the electricity tariffs along with hiking the petrol prices.
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Pakistan's foreign exchange reserves hit all-time low since December 2019
Updated : 3 years, 10 months 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 : 3 years, 10 months 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 : 3 years, 10 months 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 : 3 years, 11 months 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 : 3 years, 11 months 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, 1 month 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's IMF programme stirs controversy as government violates due legi
Updated : 4 years, 4 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, 9 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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