Pakistan Finance Minister Muhammad Aurangzeb is set to arrive in Washington DC today to participate in the annual meetings of the International Monetary Fund (IMF) and the World Bank Group, taking place from October 21 to 26, according to a report by Dawn.
According to the IMF, Pakistan's external financing requirements are projected to reach USD 62.6 billion over the next three years under the Extended Fund Facility (EFF) program. This amount is expected to further increase to USD 110.5 billion over a five-year period, from 2024-2025 to 2028-
The International Monetary Fund (IMF) has emphasised the urgent need for policy reforms in Pakistan, highlighting that the country has not kept pace with its regional peers in living standards, according to a report by The News International.
Pakistan has been cautioned by the International Monetary Fund (IMF) to take prompt actions against corruption and political harassments related to corruption cases in the country, ARY News reported on Friday.
The World Bank has raised India's economic growth forecast from 6.6 per cent to 7.0 per cent for the financial year 2024-25 citing the growth of agriculture output and policies as a major factor contributing to the employment growth in the economy.
Mumbai (Maharashtra) [India], October 4: To celebrate completion of 10 years of launch of Swachh Bharat Mission in India on the occasion of Swachh Bharat Diwas, faith leaders from different religions participated in a mega cleanliness drive at Juhu Beach organized by the India Minorities Fou
Pakistan has recently reached a significant agreement with the International Monetary Fund (IMF) for a USD 7 billion loan, yet many citizens express frustration over the country's persistent economic struggles.
he US has acknowledged claims made by Pakistan Peoples' Party (PPP) Chairman, Bilawal Bhutto Zardari on accusations of alleged mismanagement of $400 million received by Pakistan in loans and aid from the World Bank, meant for flood relief actions in the country.
Pakistan must overhaul its economic foundation to break free from repeated IMF bailouts, according to Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, who stressed that the recently approved 37-month Extended Fund Facility (EFF) should be the country's last.
Addressing a public rally in Gurez at Bandipore area today, Rajnath Singh emphasized that there is a vast difference between the Jammu and Kashmir of the past and today's.
The loan will support Pakistan's Climate Resilience and Sustainability Facility, which has the goal to promote economic stability and sustainable development in the country
Pakistan's Finance Minister Muhammad Aurangzeb recently warned that the country will face "transitional pain" after the International Monetary Fund (IMF) agreed to loan Pakistan USD 7 billion, which the Prime Minister Shehbaz Sharif-led government has pledged would be the last from the Washi