Nathan Porter, head of the IMF's Mission to Pakistan, leads the mission team engaging with the Pakistani delegation led by Finance Minister Muhammad Aurangzeb.
Power plants are increasingly turning to long-term coal imports, taking advantage of a market with ample liquidity and availability. This shift came after the National Electric Power Regulatory Authority (NEPRA) streamlined spot imports through procurement guidelines, leading to a significan
The International Monetary Fund (IMF) mission is expected to meet Pakistan authorities next week to further discuss the "next phase of engagement", Dawn reported citing, an official from the global lender.
The International Monetary Fund (IMF) has urged Pakistan to bring "strong cost-side reforms" to restore the viability of the country's energy sector, reported ARY News.
An International Monetary Fund (IMF) team arrived in Pakistan on Friday, to hold talks as they requested a longer and larger size of bailout package under the Extended Fund Facility (EFF), reported Geo News.
An International Monetary Fund (IMF) mission is set to visit Pakistan this month regarding a new loan program and to discuss policies and reforms, reported Samaa TV.
The State Bank of Pakistan (SBP) has received around USD 1.1 billion from the International Monetary Fund (IMF), a day after the global lender approved the last tranche of Pakistan under the USD 3 billion Stand-By Arrangement (SBA).
This latest funding marks the third and final installment of a USD 3 billion standby arrangement with the IMF, crucial for Pakistan to stave off a sovereign default, particularly as the existing arrangement is set to expire this month.
As the country continues to battle a crippling economy, Pakistan Prime Minister Shehbaz Sharif discussed the new bailout package with the International Monetary Fund (IMF) chief Georgieva on the sidelines of the World Economic Forum Special Meeting in Riyadh, Geo News reported.
"Within six years, India has achieved an 80 per cent financial inclusion rate, a feat that would have taken decades without such digital infrastructure," said Permanent Representative to the United Nations, Ruchira Kamboj.
Asia, led by India, is poised to make a significant contribution to global growth, with projections indicating that the region will account for about 60 per cent of global growth, as highlighted by the International Monetary Fund (IMF) at a press briefing on the Regional Economic Outlook for
Krishnamurthy V Subramaniam, the Executive Director of the International Monetary Fund (IMF), predicted that India will have 8 per cent growth in the fourth quarter and called it "good" growth considering the current global economic situation.