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Pakistan faces public backlash over 'decades of begging' for loans, report
Updated : 4 years ago IST
Islamabad [Pakistan], February 25 (ANI): Amid the release of a fresh tranche of loans from the International Monetary Fund (IMF), the Pakistani government is facing backlash from civil society, over the unending series of loans, a report said on Thursday.
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World Bank ready to provide financial aid to Ukraine
Updated : 4 years ago IST
Washington [US], February 25 (ANI): The World Bank, in its statement on Thursday, said that it is ready to provide immediate financial support to Ukraine amid the present political and military crisis.
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Pakistan: Rights activist expresses concern over taxes on contraceptives i
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 19 (ANI): Amid fears of a new wave of inflation following Pakistan's deal with the International Monetary Fund (IMF) for USD 6 billion assistance, rights activists expressed concern that an understanding with the global financing institution may also lead to he
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Imran Khan govt surrendered country's economic control to IMF: Pak Opposit
Updated : 4 years, 1 month ago IST
Lahore [Pakistan], February 19 (ANI): Pakistani leader and Jamaat-i-Islami (JI) chief Sirajul Haq has lashed out at Imran Khan government for destroying every institution over the last three-and-a-half years, and said that the surrender of the country's economic control to the IMF and the wo
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Guwahati police apprehends man with 36 cartons of liquor
Updated : 4 years, 1 month ago IST
Guwahati (Assam) [India], February 18 (ANI): Guwahati police on Thursday arrested a person with 36 cartons of 1,704 Indian-made foreign liquor (IMFL) along with a van, police said on Friday.
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Farm distress rising in Pakistan due to tax policies to gain IMF loan
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 17 (ANI): Farm distress is on the rise in Pakistan with various groups staging protests in multiple cities as the Imran Khan government has withdrawn all tax exemptions and imposed fresh taxes to fulfill International Monetary Fund's demand to receive the loan,
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US offers Ukraine loan guarantee of up to USD 1 billion
Updated : 4 years, 1 month ago IST
Washington [US], February 15 (ANI): Reaffirming its strong commitment to the Ukrainian people, the Biden administration has offered a sovereign loan guarantee to Ukraine of up to USD 1 billion to support its economic reform agenda and continued engagement with the International Monetary Fund
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Pakistani Finance Minister says must avoid 'begging' IMF, other nations fo
Updated : 4 years, 1 month ago IST
Karachi [Pakistan], February 13 (ANI): Pakistan's Finance Minister Shaukat Tarin on Saturday emphasised the need of reviving Pakistan's economy in order to avoid having to "beg" for loans from the International Monetary Fund (IMF) and other nations.
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IMF loans can compromise Pakistan's economic sovereignty, says expert
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 10 (ANI): The International Monetary Fund (IMF) has agreed to provide a USD 6 billion bailout package for Pakistan, but it can adversely affect common livelihoods and can compromise Pakistan's economic sovereignty.
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Pakistan to extend Saindak lease, tax concessions to Chinese contractors
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 9 (ANI): In order to attract investment to the second phase of the China-Pakistan Economic Corridor (CPEC), the Economic Coordination Committee (ECC) of the Cabinet will take up an 11-point agenda on Wednesday that includes the extension of the lease to Chinese
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IMF wants Pakistan to 'do more' than just levying taxes, says it should fi
Updated : 4 years, 1 month ago IST
Lahore [Pakistan], February 9 (ANI): The International Monetary Fund does not seem to be satisfied with the Imran Khan government despite the latter increased taxes on a number of products and services in Pakistan as IMF's Resident Representative Esther Perez Ruiz conveyed that Islamabad sho
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Imran Khan govt 'mortgaging' the State Bank of Pakistan: PDM chief
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 8 (ANI): Slamming the Imran Khan government, Pakistan Democratic Movement (PDM) chief Maulana Fazlur Rehman on Monday said the federal government is 'mortgaging' the State Bank of Pakistan to the International Monetary Fund (IMF) for loan.
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