Search For "imf"
IMF calls for quick agreement between Zambia, creditors on debt restructur
Updated : 3 years, 9 months ago IST
Zambia [Zimbabwe], June 16 (ANI/Xinhua): The International Monetary Fund (IMF) on Wednesday called for a quick agreement between Zambia and its creditors on debt relief in order to speed up the process of a financing agreement.
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Pakistan in catch-22 situation on IMF, CPEC: Report
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 14 (ANI): Amid the political instability and debt payments for power plants coming up under the China-Pakistan Economic Corridor (CPEC), IMF's threat to delay the release of the USD 3 billion bailouts from six billion has pushed the Islamabad into an economic crisi
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Pak finance minister Ismail warns of default if subsidies not abolished ti
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 14 (ANI): Finance Minister Miftah Ismail on Monday said that Pakistan would default if the government did not abolish subsidies on petroleum products till July.
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Pakistan's political parties blame each other for economic crisis in the c
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 13 (ANI): Pakistan's political parties, the incumbent Pakistan Muslim League-Nawaz (PML-N) government and the ousted Pakistan Tehreek-e-Insaf (PTI) government led by Imran Khan on Sunday blamed each other for the economic mess in the country.
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Pakistan leans on Qatar for LNG amid falling foreign currency reserves
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 12 (ANI): Finance Minister Miftah Ismail said on Saturday that Pakistan will seek a deferred payment plan for liquefied natural gas (LNG) bought under long-term deals with Qatar as the nation's economy continues to stay in the doldrums while it awaits IMF funds ami
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Pakistan: Imran Khan blames Shehbaz Sharif government for rising inflation
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 10 (ANI): Pakistan Tehreek-e-Insaf (PTI) Chairman and former prime minister Imran Khan on Thursday blamed the Shehbaz Sharif-led government for rising inflation in the country which is adversely affecting the overburdened population.
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IMF engages in tough talks with Pakistan as country shares coming 2022-23
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 9 (ANI): International Monetary Fund (IMF) drives hard bargain with Pakistan as the fund engages in tough talks by the indicated placement of four to five major prior actions for the revival of the stalled USD 6 billion programme.
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IMF asks Pakistan to reopen CPEC deal ahead of payment to China
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 9 (ANI): Putting Islamabad in a tight spot, the International Monetary Fund (IMF) has asked Pakistan to renegotiate the China-Pakistan Economic Corridor (CPEC) energy deals before making payments of around Pakistani rupees 300 billion to the Chinese power plants.
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Pakistani rupee nosedives to all-time low of 202.83 against US dollar
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 8 (ANI): The Pakistani rupee on Tuesday surpassed all prior records against the US dollar after shedding sheds Rs 2.77, or 1.37 per cent, against the US dollar in the interbank market.
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Pakistan needs USD 41 billion in next 12 months: Finance Minister Miftah I
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 7 (ANI): Pakistan Finance Minister Miftah Ismail on Tuesday said that the country needed USD 41 billion dollars in the next 12 months.
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Pakistan Rupee plunges to 200 against USD
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 7 (ANI): Pakistan Rupee on Monday breached the 200 mark against the US dollar once again in the interbank market.
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Pakistan commits to stream gas pipeline project with Russia
Updated : 3 years, 9 months ago IST
Moscow [Russia], June 7 (ANI): Pakistan's ambassador to Russia Shafqat Ali Khan said his country is committed to the Pakistan Stream gas pipeline project with Moscow, adding that legal discussions are underway between the two countries.
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