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Pakistan: In major cabinet reshuffle, portfolios of several ministers chan
Updated : 6 years, 11 months ago IST
Islamabad [Pakistan], Apr 19 (ANI): Announcing his first major cabinet reshuffle after taking office, Pakistan Prime Minister Imran Khan on Thursday brought in five new aides and changed the portfolios of four ministers, including that of Information Minister Fawad Chaudhry, who has now been
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Chinese ambassador calls on Pak Finance Minister to discuss bilateral coop
Updated : 6 years, 11 months ago IST
Islamabad [Pakistan], Apr 17 (ANI): Chinese ambassador Yao Jing on Tuesday called on Finance Minister Asad Umar to discuss bilateral cooperation along with the ongoing projects under the China-Pakistan Economic Corridor (CPEC).
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'Pakistan, IMF have finalised bailout package'
Updated : 6 years, 11 months ago IST
Islamabad [Pakistan], Apr 16 (ANI): Pakistan and the International Monetary Fund (IMF) have reached a bailout agreement and all the contentions have been resolved, Pakistan's Finance Minister Asad Umar said on Tuesday.
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IMF delays multi-billion aid to debt-ridden Pakistan
Updated : 6 years, 11 months ago IST
Islamabad [Pakistan], Apr 15 (ANI): The International Monetary Fund (IMF) would delay the bailout package to debt-ridden Pakistan as the global money lender has sought details about China-Pakistan Economic Corridor (CPEC), and demanded a written guarantee that it will not use the aid to repa
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IMF's visit to Pakistan postponed
Updated : 6 years, 11 months ago IST
Islamabad [Pakistan], Apr 15 (ANI): International Monetary Fund (IMF) mission's visit to Pakistan for finalising a bailout package has been postponed until May.
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Pak close to signing bailout agreement with IMF, says Finance Minister Asa
Updated : 6 years, 11 months ago IST
Washington D.C. [USA], Apr 13 (ANI): Pakistan and the International Monetary Fund (IMF) will soon sign a package for bailing out the country's ailing economy, Finance Minister Asad Umar has said.
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IMF asks Pakistan to share details of loans from China
Updated : 6 years, 11 months ago IST
Islamabad [Pakistan], Apr 13 (ANI): International Monetary Fund (IMF), who is currently considering a bailout package for Pakistan, has asked the latter to share details of loans that it has received from China.
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Pakistan FM Asad Umar held meetings with World Bank leaders, seeking bailo
Updated : 6 years, 11 months ago IST
Washington [US], Apr 11 (ANI): Pakistan Finance Minister Asad Umar on Wednesday (local time) held meetings with World Bank Group President David R Malpass and senior officials of the International Monetary Fund (IMF), in a bid to seek a three-year bailout package.
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IMF cuts global growth forecast to 3.3% for 2019
Updated : 6 years, 11 months ago IST
Washington DC [USA], Apr 10 (ANI): The International Monetary Fund (IMF) on Tuesday (local time) lowered its global growth forecast for 2019 to 3.3 per cent from the previous level of 3.5 per cent in its latest World Economic Outlook (WEO).
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Pakistan hints at allowing western neighbours to trade with India through
Updated : 6 years, 11 months ago IST
Islamabad [Pakistan], Apr 9 (ANI): Pakistan on Monday hinted at the fact that it would allow its western neighbours to trade with India through its land route.
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David Malpass elected as World Bank President
Updated : 6 years, 11 months ago IST
Washington D.C. [USA], Apr 6 (ANI): Former Under Secretary of United States Treasury Department, David Malpass, was on Friday appointed as the 13th president of the World Bank Group.
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Pakistan, IMF close to reaching deal on bailout
Updated : 6 years, 11 months ago IST
Islamabad [Pakistan], Apr 02 (ANI): Pakistan Finance Minister Asad Umar said negotiations with International Monetary Fund (IMF) has reached its final stage with settlement of almost all issues related to a bailout package.
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