Search For "imf"
Despite IMF's bailout, Pakistan still in economic crisis
Updated : 2 years, 8 months ago IST
After the International Monetary Fund (IMF) approved a 9-month stand-by-arrangement (SBA) of USD 3 billion, Pakistan has received sight of relief but it needs to realise that the country has to do everything to increase tax revenue so that it can come out of the economic crisis.
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Jaishankar, World Bank chief Banga discuss “concerns of Global South"
Updated : 2 years, 8 months ago IST
Indian-American Ajay Banga, who is in Gandhinagar in Gujarat to attend the third G20 Finance Ministers and Central Bank Governors Meeting, met Jaishankar on Wednesday and talked about India’s endeavours to “propel larger development.”
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Pakistan: Bilawal Bhutto Zardari hopes for political stability after elect
Updated : 2 years, 8 months ago IST
Speaking at a dinner reception for the diplomatic corps on Tuesday in Islamabad, the foreign minister noted that the nation was heading towards general elections and that the only way for any government to succeed was to concentrate on goals and objectives by strengthening the institutions,
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Pakistan facing "exceptionally high" economic risks, says IMF
Updated : 2 years, 8 months ago IST
The lender insists that one more IMF program will be necessary to solve structural issues. The government has agreed to notify the public as soon as electricity rates increase by 5 Pakistan Rupees (PKR) per unit and gas prices increase by more than 40%, according to the report. This is becau
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G20 FMCBG meet: IMF chief calls for speedy, effective debt restructuring p
Updated : 2 years, 8 months ago IST
“While this progress is important and welcome, the debt restructuring process still needs to be speedier and more effective. The costs of delays in reaching an agreement on needed debt treatments are borne acutely by borrower countries and their people, who are least able to bear th
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Religious leaders and scholars unite for World Peace at Ladakh internation
Updated : 2 years, 8 months ago IST
Chandigarh [India], July 18: In a quest for global peace and stability, an international conference on world peace was held at Acharya Nagarjuna Auditorium CIBS, in Leh, Ladakh on Monday (July 17) – where the religious leaders and eminent scholars of different faiths from across countries ca
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Indian Minorities Foundation (IMF) participates in the peace walk in Ladak
Updated : 2 years, 8 months ago IST
Chandigarh [India], July 17: Carrying prayers and peace messages, a large congregation of Buddhist monks from across countries along with other devotees, leaders of other religious communities, and students carried out a peace walk to promote world peace and harmony on July 16 (Sunday) at La
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Pakistan plays 'flag war' despite country’s critical financial situation
Updated : 2 years, 8 months ago IST
Pakistan has been busy playing 'flag war' despite the critical financial status of the country and has decided to keep PKR 40 crore aside for a flag-raising ceremony in Lahore.
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Pakistan: Power consumers to pay more from July as govt increases peak hou
Updated : 2 years, 8 months ago IST
In a bid to meet the conditions of the International Monetary Fund (IMF), the Pak government has decided to increase the duration of electricity's peak hours, burning a hole in the pockets of power consumers, reported Daily Pakistan.
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Pakistan lost USD 8.3 bn in remittances, exports in FY-2023
Updated : 2 years, 8 months ago IST
Pakistan incurred a huge USD 8.3 billion loss in remittances and exports during the previous fiscal year as the Pakistan Muslim League-Nawaz (PML-N)-led coalition government chose to appease the International Monetary Fund (IMF) for a USD 1.2 billion tranche, according to Dawn.
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IMF expresses concerns over Pakistan's poor track record
Updated : 2 years, 8 months ago IST
The IMF Executive Director Bahador Bijani on behalf of the board has conveyed the message to Pakistan's Finance Minister Ishaq Dar through a virtual contact on Thursday.
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'Mission: Impossible 7' day 1 collection: Tom Cruise's film takes a flying
Updated : 2 years, 8 months ago IST
Christopher McQuarrie has directed the spy action film, which also stars Hayley Atwell. The film follows a 60-something Ethan Hunt (Tom Cruise) and his IMF team as they work to take down a mysterious, all-powerful artificial intelligence force called 'The Entity'.
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