Search For "international monetary fund imf"
Desperate for bailout, Pakistan to seek US help for staff-level agreement
Updated : 3 years ago IST
Following the delay in the staff-level agreement with the International Monetary Fund (IMF), Pakistan has decided to seek US help for the revival of the stalled loan programme, ARY News reported, citing sources. Sources within the Finance Ministry familiar with the development said that the
Read More
IMF "not being fair" to Pakistan, claims FM Bilawal Bhutto Zardari
Updated : 3 years ago IST
Foreign Minister of Pakistan Bilawal Bhutto Zardari has claimed that the International Monetary Fund (IMF) is not being "fair" to Pakistan, as the country is facing serious crises. In an interview with the Associated Press on Friday, Bilawal Bhutto said that Pakistan was facing an economic c
Read More
Pakistan at the deep end of economic crisis
Updated : 3 years ago IST
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) recently said Pakistan had been asked by the IMF "to take steps to be able to function as a country" and not get into a dangerous place where it needs debt restructuring, the Greek City Times reported.
Read More
Pakistan PM asks ministers, advisers to let go of salaries, benefits as pa
Updated : 3 years ago IST
According to Dawn, the belt-tightening comes as the government is trying to resume a stalled loan programme of the International Monetary Fund (IMF) to secure funds worth USD 1 billion. The premier said an agreement with the Fund was in its final stages.
Read More
IMF asks Pakistan to take steps to be able to function as a country
Updated : 3 years ago IST
"My heart goes to the people of Pakistan. They have been devastated by the floods that affected one-third of the population of the country," Georgieva said in an interview with an international broadcaster on Sunday.
Read More
Pakistan: Political party TLP gives govt 'ultimatum' to withdraw fuel pric
Updated : 3 years ago IST
Addressing a press conference, TLP Saad Hussain Rizvi warned that if the government does not withdraw the price hike, the party would do "what it is known for"- a reference to protest marches in the recent that brought the federal capital to a standstill.
Read More
India leads internationally in canvassing support for Sri Lanka, says Lank
Updated : 3 years, 1 month ago IST
Lauding India's support for Sri Lanka during its worst economic crisis, the Sri Lankan High Commissioner to India, Milinda Moragoda said that India's neighbourhood policy was clearly demonstrated when the country extended its helping hand to crisis-hit island nation through the credit line a
Read More
Experts analysis on budget 2023 on Taxation and expected outcome in the ye
Updated : 3 years, 1 month ago IST
New Delhi [India], February 4 (ANI/PNN): Union Budget Analysis on Taxations 2023-2024. The International Monetary Fund (IMF) published a report whereby, it was stated that Indian Economy will reach 5 trillion-dollar economy by 2028-29. However, IMF quickly retreated from its statement and co
Read More
Pakistan accepts IMF loan conditions, but would it be able to honour them?
Updated : 3 years, 1 month ago IST
The coming financial year may not bring hope for Pakistan as most economic sectors are on the decline. The country's imports are hit because of extremely low forex reserves. Pakistan has also agreed to meet all conditions of the International Monetary Fund (IMF) despite having a history of n
Read More
US Representatives introduce Bill promoting Taiwan's IMF membership
Updated : 3 years, 1 month ago IST
The United States House of Representatives introduced a Bill calling on Washington to support Taiwan's participation in the International Monetary Fund (IMF) as a member, Focus Taiwan reported.
Read More
Ahead of polls, Pak govt scared of losing popularity due to IMF deal
Updated : 3 years, 1 month ago IST
Pakistan is currently under the grip of a massive economic crisis, as a result of which the deal with the International Monetary Fund (IMF) becomes very important for the South Asian nation, according to Dawn.
Read More
Pakistan's economic crisis going from bad to worse: Report
Updated : 3 years, 1 month ago IST
On January 6 the Forex reserves in the State Bank of Pakistan (SBP) touched the lowest mark of USD 4.343 billion just enough for two weeks. The recurring economic crises in Pakistan are primarily caused by a persistent fiscal deficit, which is a result of the government's tendency to overspe
Read More