Search For "international monetary fund imf"
State Bank of Pakistan likely to raise interest rate to unlock IMF loan pr
Updated : 2 years, 11 months ago IST
The staff-level agreement between the International Monetary Fund (IMF) and Pakistan was scheduled to take place on February 9.
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Pakistan's inflation soars to 35.4 per cent in March, highest since 1965
Updated : 2 years, 11 months ago IST
Pakistan's year-on-year inflation hit 35.37 per cent in March -- the highest in nearly five decades -- as the government scrambled to meet International Monetary Fund (IMF) conditions to unlock a desperately needed bailout.
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Pakistan waiting for China's decision on its request for rollover of loan
Updated : 2 years, 11 months ago IST
Such a rollover is critical for Pakistan, whose foreign exchange reserves have fallen to four weeks' worth of imports at a time when it is seeking a $1.1 billion IMF bailout tranche.
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India, US, Japan secure USD 2.286 bn IMF bailout for Sri Lanka
Updated : 2 years, 11 months ago IST
After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7bn to Sri Lanka, the International Monetary Fund (IMF) approved the USD 2.286 billion (about USD 3bn) bailout for Sri Lanka on March 20. The Sri Lankan government und
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State Bank of Pakistan likely to raise interest rate to unlock IMF loan pr
Updated : 2 years, 12 months ago IST
The SBP recently increased interest rates by 2 per cent, but the IMF is now forcing Islamabad to raise rates by 2 per cent again.
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IMF's 'Pakistan' dilemma in lending: Report
Updated : 2 years, 12 months ago IST
Pakistan has implemented a series of policy measures, including higher taxes, higher energy prices, and raising interest rates to their highest level in 25 years in order to unlock funding from the IMF's stalled USD 6.5 billion lending programme
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Political, financial, humanitarian crises put Pakistan on brink
Updated : 2 years, 12 months ago IST
The political drama over the arrest of former prime minister Imran Khan has given a clear idea about the priority of Pakistan's policymakers when the country is struggling with economic downfall. It appears Pakistan gets stuck in a severe political crisis as the country approaches the nation
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US Centcom chief expresses trust in Pakistan's nuclear agenda amid politic
Updated : 2 years, 12 months ago IST
The US general's statement is a relief ahead of Finance Minister Ishaq Dar's remarks last week in the Senate regarding the International Monetary Fund (IMF) bailout programme.
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Pakistan wait for nod from Gulf states to unlock IMF loan: Report
Updated : 3 years ago IST
All eyes are now on the UAE, Qatar, and the Kingdom of Saudi Arabia (KSA) to save Pakistan's struggling economy
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Chinese bank to refinance USD 500 million loan for Pakistan
Updated : 3 years ago IST
The Pakistani authorities are running from pillar to post to get 100 per cent confirmation from friendly donor countries and multilateral creditors before moving toward striking a staff-level agreement with the International Monetary Fund (IMF). It was an unwritten condition from the IMF tha
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Chinese investors hesitant to finance new projects in Pakistan amid its di
Updated : 3 years ago IST
Beijing is not happy with the strict conditions of the International Monetary Fund (IMF) for the resumption of the USD 6 billion bailout package program, which may exacerbate Pakistan's economic troubles and draw scrutiny to Chinese loans.
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Shriram Finance offers recession proof products to Streamline Finances for
Updated : 3 years ago IST
Mumbai (Maharashtra) [India], March 15 (ANI/PRNewswire): According to the IMF, global GDP will decelerate to 2.9 per cent in 2023, down from 3.4 per cent in 2022. The International Monetary Fund (IMF) expects India to grow at a rate of 6.0-6.5 per cent, down from a predicted rate of 7 per ce
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