Search For "imf"
IMF gives approval for USD 3 billion stand-by arrangement for Pakistan
Updated : 2 years, 8 months ago IST
The IMF's announcement on Wednesday came after Pakistan Finance Minister Ishaq Dar said that Pakistan received USD 1 billion from the UAE as part of its financial commitment to help Pakistan receive the IMF bailout package.
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Pakistan secures IMF bailout through US assistance: Report
Updated : 2 years, 8 months ago IST
Although, Pakistan was able to secure a bailout from the International Monetary Fund (IMD), it was after the key "behind-the-scenes" role played by United States, that the deal was secured.
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PM Shehbaz Sharif hopeful of current IMF programme being Pakistan's last
Updated : 2 years, 8 months ago IST
On Friday, Information Minister Marriyum Aurangzeb announced that the premier and the finance minister would address the public today to "inspire confidence" in the IMF deal
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Pakistan: Govt hikes petrol levy by 5 PKR per litre
Updated : 2 years, 8 months ago IST
The Pakistan government on Saturday hiked the petroleum development levy (PDL) on petrol by 5 Pakistani Rupees (PKR)
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IMF bailout will help strengthen Pakistan's foreign exchange reserves: PM
Updated : 2 years, 8 months ago IST
After Pakistan signed a staff-level agreement on a "standby arrangement" for nine months, contributing to Pakistan's economic stability, Prime Minister Shehbaz Sharif expressed his appreciation on Friday, ARY News reported.
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Pakistan, IMF reach Staff-level Agreement on USD 3 billion 'stand-by arran
Updated : 2 years, 8 months ago IST
"I am pleased to announce that the IMF team has reached a staff-level agreement with the Pakistani authorities on a nine-month Stand-by Arrangement (SBA) in the amount of SDR2,250 million (about $3 billion or 111 per cent of Pakistan's IMF quota). The new SBA builds on the authorities' ef
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World Bank issues USD 1.5 billion loan to Ukraine
Updated : 2 years, 8 months ago IST
The World Bank's press service said on Friday that the board of directors of the International Monetary Fund approved a USD 1.5 billion loan to Ukraine, reported the Russian News Agency TASS.
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IMF deal expected in next 24 hours: Pakistan Finance Minister Ishaq Dar
Updated : 2 years, 8 months ago IST
The Pakistan government is racing against time to unlock at least USD 1.1 billion under the lender's ninth review of a USD 6.5-billion Extended Fund Facility agreed in 2019. The programme expires on Friday.
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Pakistan govt considering to increase levy on petrol, diesel: Report
Updated : 2 years, 8 months ago IST
Pakistan government is mulling raising the Petroleum Development Levy (PDL) on petrol and diesel from Pakistani Rupees (PKR) 50 to PKR 55 per litre with effect from July 1, 2023, Pakistan-based The News International reported.
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Pakistan: Talks in progress to 'quickly reach agreement on financial suppo
Updated : 2 years, 8 months ago IST
Ahead of the economic meltdown in Pakistan, International Monetary Fund's Mission Chief to Pakistan, Nathan Porter has said that discussions with Pakistani authorities are underway "with the aim of quickly reaching an agreement on financial support from the IMF", reported Geo TV.
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Sri Lanka Parliament to hold special session on Saturday to discuss debt r
Updated : 2 years, 8 months ago IST
In order to discuss getting Parliament's approval for the domestic debt restructuring process in Sri Lanka, a special weekend session will be held this week, Dailymirror reported.
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PTI leader Qureshi demands Pak Finance Minister Dar's resignation
Updated : 2 years, 9 months ago IST
Pakistan Tehreek-e-Insaf (PTI) Vice Chairman Shah Mahmood Qureshi demanded the resignation of Federal Finance Minister Ishaq Dar on Sunday quoting that all distinguished economists and the International Monetary Fund (IMF) rejected his budget which was proposed on June 9, The Express Tribune
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