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Pakistan: Efforts on to obtain USD 3-4 bn from friendly countries in case
Updated : 2 years, 9 months ago IST
Pakistan is trying to obtain USD 3-4 billion from friendly countries in case its deal with the International Monetary Fund does not get through, The News International reported.
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Pakistan receives USD 1 billion loan from China
Updated : 2 years, 9 months ago IST
"This is to inform you that USD 1 billion has been received from China," said the central bank in a brief message to journalists on Friday night.
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Pakistan-IMF talks are underway, not concluded yet, says Finance Minister
Updated : 2 years, 9 months ago IST
Pakistan Finance Minister Ishaq Dar on Thursday said that Pakistan and International Monetary Fund (IMF) are underway and the talks have not failed nor the negotiation phase has concluded, reported ARY News.
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Time is running out for Pakistan to convince IMF to release loan
Updated : 2 years, 9 months ago IST
Time is running out for Pakistan to convince the International Monetary Fund to release USD 2.2 billion from its bailout programme before June 30.
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Pakistan finance minister hints at 'Plan B' as IMF loan remains locked
Updated : 2 years, 9 months ago IST
While addressing the post-budget news conference, Dar ruled out any talks about restructuring external debt with multilateral agencies or Paris Club.
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India's low-cost digital platforms project its technological dominance on
Updated : 2 years, 9 months ago IST
Prime Minister Narendra Modi aspires to turn India into a Vishwaguru, or 'teacher to the world'. In a little over a decade India has built a collection of public-facing digital platforms that have transformed its citizens' lives, according to the Economist.
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Pakistan needs to pass programme-friendly budget to unlock funds: IMF
Updated : 2 years, 9 months ago IST
A general election is scheduled for November, which the government hopes will resolve the uncertainty caused by the protest movement led by the chairman of the Pakistan Tehreek-e-Insaf (PTI) since his ouster in a no-confidence vote last year.
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India's economy is firing on all cylinders, leaving its rivals in dust
Updated : 2 years, 9 months ago IST
India is also making great efforts to accelerate infrastructure development. From airways to railways and roadways, a swift expansion and upgradation are set to enhance the macroeconomic dividends of the country.
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IMF demands, poll politics pushes Pakistan in a tight spot
Updated : 2 years, 9 months ago IST
Pakistan which undergoing an economic crisis and political instability is in a tight spot to revive its stalled USD 6 billion loan programme.
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Pakistan: Asif Ali Zardari renews call for charter of economy
Updated : 2 years, 9 months ago IST
Meanwhile, the government, which is set to present a new budget this week, is caught between a painful fiscal adjustment reforms agenda set by the IMF, and to make room for any relief to the people ahead of a national election scheduled in early November.
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Trouble mounts for Pakistan govt as IMF rejects loan request
Updated : 2 years, 9 months ago IST
Minister of State for Finance Dr Aisha Pasha, in a policy statement delivered during the National Assembly Standing Committee on Finance, stressed that Pakistan's only choice was to return to the IMF.
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"Meddling in internal affairs": Pakistan Defence Minister on IMF official'
Updated : 2 years, 9 months ago IST
In addition, Khawaja Asif responded, "Why do they close their eyes when something is happening somewhere, some location in the world where American interest is involved, but they don't speak," when questioned about his thoughts on Nathan Porter discussing the current political developments i
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