Search For "imf"
Pakistan seeks increase in budget deficit from IMF
Updated : 3 years, 3 months ago IST
Pakistan is also considering imposing the flood Levy on those higher income brackets who are earning lofty profits in recent years and also said adjuster will be used to hike the budget deficit target envisaged at 4.9 per cent of GDP on eve of the budget for 2022-23.
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RBI Deputy Guv Rabi says whatever data on crypto is available is misleadin
Updated : 3 years, 3 months ago IST
"Data is not available. Whatever data is available is misleading. And making regulations in the absence of adequate information carries a high probability of us ending up with the wrong set of prescriptions," T Sankar said at a virtual conference hosted by the International Monetary Fund (IM
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State Bank of Pakistan's foreign exchange reserves fall to four-year low o
Updated : 3 years, 3 months ago IST
The central bank data noted that the State Bank of Pakistan's reserves were recorded below this level during the week that ended on January 18, 2019,
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Pakistan's total external debt stocks by 2021 stood at USD 130.43 billion:
Updated : 3 years, 3 months ago IST
In its latest report "International Debt Report 2022, Updated International Debt Statistics," the World Bank said that the total external debt stocks were at USD 130.433 billion by 2021.
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Over 400 containers of vegetables stuck at Karachi seaport due to foreign
Updated : 3 years, 3 months ago IST
Owing to the lack of foreign exchange reserves in Pakistan and a reeling economic crisis, over 400 containers of imported vegetables were stuck at various terminals of Karachi seaport, Business Recorder reported on Wednesday.
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Sri Lankan MP Rasamanickam warns of launching 'ChinaGoHome' campaign: Repo
Updated : 3 years, 3 months ago IST
Tamil National Alliance (TNA) MP Rasamanickam has raised questions over the Chinese Embassy's involvement in matters raised in parliament.
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Pakistan to repay foreign debt, old dues
Updated : 3 years, 3 months ago IST
According to The Express Tribune citing Optimus Capital Management, Pakistan is scheduled to pay the foreign debt and bear debt servicing costs worth USD 26.3 billion over the 12-month period (November to October).
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Pakistan Minister Ishaq Dar rules out taking dictations from IMF on managi
Updated : 3 years, 3 months ago IST
IMF demanded additional information, including details of shelved development projects that have now been taken up again as a top priority of the government, The Express Tribune reported.
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After significant rate hike, Pak govt has to pay heavy price for borrowing
Updated : 3 years, 3 months ago IST
The State Bank of Pakistan's (SBP) decision to hike its key policy rate by 100 basis points to a 24-year high of 16 per cent has created a new problem for Islamabad as it has to pay a heavy price for borrowing after the rate hike.
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IMF asks China to boost vaccinations, recalibrate COVID strategy
Updated : 3 years, 4 months ago IST
This recommendation came after an annual review of China's economic policies which saw virtual discussions between the IMF and several senior policy officials on reform progress and challenges, and policy responses.
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Price of IMFL set to rise after Kerala govt nod
Updated : 3 years, 4 months ago IST
After the Cabinet's nod, the sales tax on foreign liquor levied under the Kerala General Sales Tax Act, 1963 will be increased by four per cent, the Kerala Chief Minister's Office informed in a press release.
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Sri Lanka likely to miss IMF deadline: Report
Updated : 3 years, 4 months ago IST
The Sri Lankan newspaper said if the country missed the December IMF deadline, it would have to wait for March 2023 to secure a USD 2.9 billion loan from the IMF in eight equal tranches.
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