On the eve of Baisakhi, the Indian Minorities Foundation (IMF)-led Sikh delegation extended wishes to Prime Minister Narendra Modi and offered prayers at Kartarpur Sahib Gurdwara for a successful continuation of his leadership in future.
Pakistan has decided to formally approach the global lender, the International Monetary Fund (IMF) for the medium-term Extended Fund Facility (EFF) during the upcoming annual spring meetings of the Bretton Wood Institutions (BWIs).
This is now expected to be made part of the next International Monetary Fund programme that Pakistan Finance Minister Muhammad Aurangzeb will be discussing with the lender next week in Washington on the sidelines of World Bank-IMF spring meetings, Dawn reported.
The International Monetary Fund (IMF) said that they are ready to "engage" with Pakistan on a fresh bailout in the "coming months" to help the country resolve "fiscal and external stability challenges," reported Geo News.
A gathering of prominent Christian community members on Monday lauded Prime Minister Narendra Modi's government for undertaking successful rescue operations for Indians stranded in foreign countries and becoming the voice of country's migrant labourers abroad during the past 10 years at an e
Expressing dissatisfaction with the practice of laying out red carpets during the visits of federal ministers and senior officials, the Prime Minister made his stance clear.
The comments came after the IMF agreed to a staff-level agreement with Islamabad which, if approved by its board, would disburse the last tranche of USD 1.1 billion under an existing USD 3 billion standby arrangement.
Experts said Pakistan has a strategic window to meet International Monetary Fund (IMF) conditions, boost tax collection, and notably increase the tax-to-GDP ratio by curbing illicit trade in the tobacco sector, The Express Tribune reported.
In a joint operation, Assam police along with the flying squad team seized a large quantity of Indian Made Foreign Liquor (IMFL) in Assam's Biswanath district on Saturday, police said.
The IMF has proposed increasing the levy on petrol by Pakistani currency (PKR) 60 and reinstating the 18 per cent GST previously abolished in March 2022.
Pakistan Prime Minister Shehbaz Sharif said on Thursday that the financially beleaguered nation needed another long-term bailout from the International Monetary Fund (IMF) to stabilise its fragile economy, ARY News reported.
The International Monetary Fund confirmed that Pakistan was seeking a 24th medium-term bailout package for a permanent push towards longstanding structural reforms, reported Dawn.