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Is Pakistan about to see its worst recession?
Updated : 3 years ago IST
Inflation, external concerns, and supply disruption are anticipated to have a significant impact on the economy in the future amid heightened recessionary risks.
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Imran Khan interacts with PTI supporters in gas mask after security forces
Updated : 3 years ago IST
After the withdrawal of the police, PTI chief Imran Khan came out of his residence, in a mask, and met the workers. The video was shared on PTI's Twitter account.
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Pakistan PM Shehbaz Sharif says fears of default have "ended" owing to gov
Updated : 3 years ago IST
Shehbaz Sharif's statement was contrary to over a dozen economists who believe that Pakistan faces the renewed risk of recession amid a deepening political and economic crisis and a delay in the revival of the International Monetary Fund's (IMF) bailout programme.
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Shriram Finance offers recession proof products to Streamline Finances for
Updated : 3 years ago IST
Mumbai (Maharashtra) [India], March 15 (ANI/PRNewswire): According to the IMF, global GDP will decelerate to 2.9 per cent in 2023, down from 3.4 per cent in 2022. The International Monetary Fund (IMF) expects India to grow at a rate of 6.0-6.5 per cent, down from a predicted rate of 7 per ce
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Delay in IMF deal may cause Pakistan to pause repayments, US bank warns
Updated : 3 years ago IST
Pakistan will need to pause debt repayments if it does not secure funding from the International Monetary Fund soon enough, a US bank warned
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Pakistan's financial struggle and low credibility, result of terror links
Updated : 3 years ago IST
Islamabad had been trying to put on a brave face in its struggle to unlock critical funding from the IMF, but the administration is quite nervous beneath its confident exterior, as it finds it increasingly difficult to convince the Fund to release a loan instalment. This was realised by its
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Desperate for bailout, Pakistan to seek US help for staff-level agreement
Updated : 3 years ago IST
Following the delay in the staff-level agreement with the International Monetary Fund (IMF), Pakistan has decided to seek US help for the revival of the stalled loan programme, ARY News reported, citing sources. Sources within the Finance Ministry familiar with the development said that the
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Pakistan to seek US help for revival of stalled IMF loan programme
Updated : 3 years ago IST
According to sources within the Finance Ministry, the incumbent government has decided to seek Washington's help as the majority of the demands of the fund have been completed. "There is no need for further delay in the staff-level agreement."
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Pakistan PM Shehbaz Sharif accuses Imran Khan of creating hurdles in reviv
Updated : 3 years ago IST
Pakistan PM Shehbaz Sharif said that the creation of chaos on roads is part of Imran Khan's agenda which aims at "fanning the fire of instability in the country."
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IMF doesn't trust finance ministry, says Pak ex-Finance Minister Miftah Is
Updated : 3 years ago IST
The next tranche of the IMF bailout package would depend on Pakistan's quick measures to arrange for full financing of its balance of payments deficit for the fiscal year 2022-23.
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Pakistan PM Shehbaz Sharif blames Imran Khan for "derailing his own IMF pr
Updated : 3 years ago IST
Shehbaz Sharif said that the PTI chief's agenda includes spreading anarchy and chaos on the streets of the country, which will ultimately lead to "instability".
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IMF "not being fair" to Pakistan, claims FM Bilawal Bhutto Zardari
Updated : 3 years ago IST
Foreign Minister of Pakistan Bilawal Bhutto Zardari has claimed that the International Monetary Fund (IMF) is not being "fair" to Pakistan, as the country is facing serious crises. In an interview with the Associated Press on Friday, Bilawal Bhutto said that Pakistan was facing an economic c
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