Search For "international monetary fund"
IMF support team arrives in Pakistan to discuss new loan programme
Updated : 1 year, 10 months ago IST
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.
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IMF mission to visit Pakistan again this month for new loan program
Updated : 1 year, 10 months ago IST
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.
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State Bank of Pakistan receives USD 1.1 billion funding from IMF
Updated : 1 year, 10 months ago IST
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).
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Growth in Asia-Pacific expected to slow in 2024: IMF
Updated : 1 year, 10 months ago IST
Economic growth in the Asia Pacific region is better than previously projected but is expected to slow from 5 per cent in 2023 to 4.5 per cent in 2024, according to IMF's Regional Economic Outlook for Asia and Pacific.
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Pakistan struggles with soaring inflation and widening wage disparities
Updated : 1 year, 10 months ago IST
The government's decision to devalue the currency by over 50 per cent within a year and eliminate subsidies as part of the latest instalment of the International Monetary Fund bailout package has exacerbated the nation's cost-of-living crisis.
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IMF approves final USD 1.1 bn tranche for Pakistan's bailout package
Updated : 1 year, 10 months ago IST
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.
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Pak PM Shehbaz Sharif discusses new bailout package with IMF chief in Riya
Updated : 1 year, 10 months ago IST
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.
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Former Pakistan PM Shahid Khaqan Abbasi says govt's decision to seek bailo
Updated : 1 year, 10 months ago IST
He said that people often ask about relief in the annual budget. However, governments starts borrowing for everything.
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"Within 6 years, India achieved 80 pc financial inclusion rate, feat that
Updated : 1 year, 10 months ago IST
"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.
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Finance Minister Aurangzeb expects Pakistan International Airlines privati
Updated : 1 year, 10 months ago IST
Finance Minister Muhammad Aurangzeb said on Sunday that the privatization of Pakistan International Airlines (PIA) is expected by the end of June or early July, with Islamabad airport potentially following suit shortly after, Dawn reported.
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UAE calls for international collaboration to solve global challenges
Updated : 1 year, 10 months ago IST
Al Hussaini emphasised the significance of the topics being discussed during the 2024 Spring Meetings, and their role in promoting dialogue among stakeholders.
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UAE stresses importance of uniting global efforts to confront internationa
Updated : 1 year, 10 months ago IST
The UAE concluded its participation in the 2024 Spring Meetings of the International Monetary Fund and the World Bank Group, held in Washington, DC, where the main ministerial meetings and events were held during the period April 17 - 19, while side events and activities were organized durin
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