Search For "international monetary fund"
UK recovering faster than expected after slipping into technical recession
Updated : 1 year, 9 months ago IST
With growth recovering faster than expected, the UK economy is approaching a soft landing, following a mild technical recession in 2023, said the International Monetary Fund (IMF).
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IMF calls for energy sector reforms in Pakistan as discussions conclude
Updated : 1 year, 9 months ago IST
In a statement, the IMF disclosed that discussions with Pakistani authorities were successfully concluded on Thursday, marking the culmination of deliberations initiated by an IMF team led by mission chief Nathan Porter upon their arrival in Pakistan on May 13.
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Pakistan to complete prior actions through parliamentary nod by Jun 30 for
Updated : 1 year, 9 months ago IST
Pakistan and IMF have reached a broad understanding on action points, their timelines and backup plans that the government would comply with through parliamentary sanction of budgetary measures and related legislation in the Finance Bill 2024-25.
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IMF asks Pakistan to 'impose' tax on monthly pensions, says 'new bailout p
Updated : 1 year, 9 months ago IST
The International Monetary Fund (IMF) mission has asked the Pakistani authorities to impose a tax on monthly pensions exceeding Rs 100,000, reported ARY News, citing sources.
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Pakistan in talks with IMF for 24th 'longer and larger' bailout programme
Updated : 1 year, 10 months ago IST
The International Monetary Fund (IMF) confirmed that the talks with Pakistan are underway on the 24th 'longer and larger' bailout programme under the Extended Fund Facility (EFF), reported ARY News.
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Asia to contribute 60 pc of global growth in 2024: IMF official
Updated : 1 year, 10 months ago IST
Asia remains the engine of economic growth and it is on track to deliver 60 per cent of global growth this year, said IMF Deputy Managing Director Okamura.
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International Monetary Fund urges overhaul of Pakistan's tax system
Updated : 1 year, 10 months ago IST
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.
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Coal procurement scandal casts Pakistan in dim light
Updated : 1 year, 10 months ago IST
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
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IMF expresses concern over ongoing political uncertainty in Pakistan
Updated : 1 year, 10 months ago IST
The IMF noted that despite a coalition government formed by the alliance of Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party (PPP), the independent candidates backed by Pakistan Tehreek-e-Insaf (PTI) received more votes than other political groups in the general elections held
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IMF mission to meet Pakistan authorities next week to discuss "next phase
Updated : 1 year, 10 months ago IST
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.
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IMF urges Pakistan to bring reforms to energy sector
Updated : 1 year, 10 months ago IST
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.
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IMF warns of high downside risks for Pakistan's economy
Updated : 1 year, 10 months ago IST
This uncertainty, it warns, could have profound effects on policymaking, particularly given the high cost of living and other political complexities.
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