The International Monetary Fund (IMF) reached a staff-level agreement with Pakistan on Wednesday, on the final review of a USD 3 billion bailout, paving the way for the nation to receive the last tranche of USD 1.1 billion after approval from the Fund's Executive Board, reported Dawn.
The Pakistan government has 'assured' the International Monetary Fund (IMF) of expediting the privatisation programme, reported ARY News, citing sources.
The country is expected to seek a fresh IMF bailout package of over USD 8 billion with the possibility of augmentation through climate finance on the occasion of upcoming spring meetings of Breton Wood Institutions, known as the IMF/World Bank, scheduled to be held in Washington, DC, from Ap
The outstanding dues of power projects of China-Pakistan Economic Corridor (CPEC) alarmingly increased to a record PKR 493 billion or USD 1.8 billion as of end January. The amount was PKR 214 billion or 77 per cent higher than June last year.
Imran Khan-founded Pakistan Tehreek-e-Insaf has dissociated itself with the ongoing protests by Pakistanis in the United States outside the International Monetary Fund (IMF) and the World Bank (WB) headquarters, Geo News reported.
Pakistan Information and Broadcasting minister Ataullah Tarar said that some "miscreants" associated with the Pakistan Tehreek-e-Insaf tried to sabotage Pakistan's deal with the International Monetary Fund (IMF), reported Dawn.
The International Monetary Fund (IMF) mission is expected to arrive in Pakistan today (Wednesday) for the economic review of USD 3 billion Stand-By Arrangement (SBA), reported ARY News, citing sources.
Amid the economic crisis, Pakistan Prime Minister Shehbaz Sharif vowed to get his country out of foreign debt, declaring that the country would get rid of the International Monetary Fund (IMF), Geo News reported.
During a press conference in Karachi, Alvi highlighted his longstanding endeavours to unite the nation, citing his belief that Pakistan's progress hinges on unity.
The Pakistan ministry of Finance is expected to hold crucial talks with the International Monetary Fund (IMF) review mission of the USD 3 billion Standby Arrangement (SBA) programme, from next week, as reported by The News International.
Senators from two sides of political aisle sparred over Pakistan Tehreek-e-Insaaf (PTI) founder Imran Khan's letter to the International Monetary Fund (IMF) linking release of next tranche of bailout package with 'audit' of February 8 elections, Dawn reported.
In the letter addressed to IMF Managing Director Kristalina Georgieva, the Imran Khan-led party stated that a government without "legitimate representation, when imposed upon a country, carries no moral authority to govern, and, in particular, to carry out taxation measures".