Search For "international monetary fund"
Pakistan to draw foreign investment, seek loan rollovers: Foreign Minister
Updated : 1 year, 7 months ago IST
The economically crippled country has relied heavily on IMF programmes for years, at times nearing the brink of sovereign default and having to turn to countries such as the United Arab Emirates (UAE) and Saudi Arabia to provide it with financing to meet external financing targets set by the
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As Pakistan aims to double its exports, data proves otherwise
Updated : 1 year, 7 months ago IST
Pakistan's Commerce Ministry is intending to double its exports to USD 60 billion within the next three years, however, the data does not showcase any such growth prospects in the country.
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IMF further raises India's growth projection to 7% for 2024; country faste
Updated : 1 year, 8 months ago IST
The International Monetary Fund (IMF), in its latest outlook, has raised India's growth projections for 2024 from 6.8 per cent earlier to 7 per cent, with the country maintaining the fastest-growing status in emerging markets and developing economies
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Pakistan will not come out of political crisis until army distances itself
Updated : 1 year, 8 months ago IST
Speaking about the prevailing political crisis in Pakistan, Rehman said, "The army will have to distance itself from politics in order to resolve the political crisis."
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Jordan's GDP grew 2 pc during Q1 2024
Updated : 1 year, 8 months ago IST
Jordan's economic performance during the first half of this year combined improvement in some key economic indicators and the continued economic challenges that require strategic solutions to achieve sustainable growth.
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Pak budget 2024-25: Looking 'pretty and stylish' gets costlier for women
Updated : 1 year, 8 months ago IST
Pakistan has introduced significant adjustments to the duty structure on imported beauty and make-up products, aiming to bolster revenue and regulate imports, however, it will burn a hole in Pak women's pockets for makeup, hair styling products, makeup remover, nail polish and remover, pe
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Pak Govt increases gas rates for industry by 9 pc to meet IMF demand
Updated : 1 year, 8 months ago IST
This decision was ratified on Sunday during a special session of the Economic Coordination Committee (ECC), chaired by Finance Minister Muhammad Aurangzeb, as part of measures to fulfill obligations under a three-year IMF loan program.
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Pak: Finance minister expresses confidence in securing extended IMF loan p
Updated : 1 year, 8 months ago IST
Pakistan Finance Minister Muhammad Aurangzeb expressed confidence that the country would secure an extended loan programme with the International Monetary Fund (IMF), adding that it could contribute to macroeconomic stability, reported Dawn.
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Pakistan passes tax-heavy budget; experts condemn reforms amid crisis
Updated : 1 year, 8 months ago IST
Pakistan's parliament on Friday passed a tax-heavy finance bill for the upcoming fiscal year amid ongoing negotiations for a new International Monetary Fund (IMF) bailout.
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Public outrage over high taxes in Pakistan for IMF bailout
Updated : 1 year, 8 months ago IST
There is widespread anger in Pakistan towards the government over the significant tax hikes that the authorities have levied to boost state revenues with an aim to achieve approval for an International Monetary Fund's (IMF) bailout to prevent another economic crisis in Pakistan.
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Privatisation of SriLankan Airlines is part of IMF program, says CEO Richa
Updated : 1 year, 9 months ago IST
SriLankan Airline CEO Richard Nuttall said that the government is on its way to privatise several state-owned enterprises as part of the International Monetary Fund (IMF) program and one of those is the flag carrier of the island nation.
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Financial stability challenges need to be discussed, IMF MD echoed RBI's D
Updated : 1 year, 9 months ago IST
Georgieva, while welcoming the participants of the 23rd annual conference, invoked the need to supervise the dynamic financial sector. "Changes are being driven by many factors--from economic developments to geopolitics to climate--and by the force of ever-accelerating technological advancem
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