Search For "international monetary fund imf"
Pakistan facing "exceptionally high" economic risks, says IMF
Updated : 2 years, 8 months ago IST
The lender insists that one more IMF program will be necessary to solve structural issues. The government has agreed to notify the public as soon as electricity rates increase by 5 Pakistan Rupees (PKR) per unit and gas prices increase by more than 40%, according to the report. This is becau
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Pakistan: Power consumers to pay more from July as govt increases peak hou
Updated : 2 years, 8 months ago IST
In a bid to meet the conditions of the International Monetary Fund (IMF), the Pak government has decided to increase the duration of electricity's peak hours, burning a hole in the pockets of power consumers, reported Daily Pakistan.
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Pakistan lost USD 8.3 bn in remittances, exports in FY-2023
Updated : 2 years, 8 months ago IST
Pakistan incurred a huge USD 8.3 billion loss in remittances and exports during the previous fiscal year as the Pakistan Muslim League-Nawaz (PML-N)-led coalition government chose to appease the International Monetary Fund (IMF) for a USD 1.2 billion tranche, according to Dawn.
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PM Shehbaz Sharif hopeful of current IMF programme being Pakistan's last
Updated : 2 years, 8 months ago IST
On Friday, Information Minister Marriyum Aurangzeb announced that the premier and the finance minister would address the public today to "inspire confidence" in the IMF deal
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World Bank issues USD 1.5 billion loan to Ukraine
Updated : 2 years, 8 months ago IST
The World Bank's press service said on Friday that the board of directors of the International Monetary Fund approved a USD 1.5 billion loan to Ukraine, reported the Russian News Agency TASS.
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PTI leader Qureshi demands Pak Finance Minister Dar's resignation
Updated : 2 years, 8 months ago IST
Pakistan Tehreek-e-Insaf (PTI) Vice Chairman Shah Mahmood Qureshi demanded the resignation of Federal Finance Minister Ishaq Dar on Sunday quoting that all distinguished economists and the International Monetary Fund (IMF) rejected his budget which was proposed on June 9, The Express Tribune
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Pakistan to hand over Karachi Port to UAE over low reserves
Updated : 2 years, 9 months ago IST
Pakistan established a Cabinet Committee on Inter-Governmental Commercial Transactions on Monday to negotiate the commercial agreement of handing over its Karachi Port Terminals (KPT) to the United Arab Emirates (UAE), as the country struggles with record inflation, fiscal imbalances, and lo
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Pakistan: IMF executive meeting scheduled without Pakistan
Updated : 2 years, 9 months ago IST
As the ninth review under the Extended Fund Facility (EFF) programme still remain pending, the International Monetary Fund (IMF) Executive Board has issued meetings scheduled till June 29 without Pakistan.
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Pakistan receives USD 1 billion loan from China
Updated : 2 years, 9 months ago IST
"This is to inform you that USD 1 billion has been received from China," said the central bank in a brief message to journalists on Friday night.
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Pakistan-IMF talks are underway, not concluded yet, says Finance Minister
Updated : 2 years, 9 months ago IST
Pakistan Finance Minister Ishaq Dar on Thursday said that Pakistan and International Monetary Fund (IMF) are underway and the talks have not failed nor the negotiation phase has concluded, reported ARY News.
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Pakistan needs to pass programme-friendly budget to unlock funds: IMF
Updated : 2 years, 9 months ago IST
A general election is scheduled for November, which the government hopes will resolve the uncertainty caused by the protest movement led by the chairman of the Pakistan Tehreek-e-Insaf (PTI) since his ouster in a no-confidence vote last year.
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India's economy is firing on all cylinders, leaving its rivals in dust
Updated : 2 years, 9 months ago IST
India is also making great efforts to accelerate infrastructure development. From airways to railways and roadways, a swift expansion and upgradation are set to enhance the macroeconomic dividends of the country.
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