Search For "international monetary fund"
IMF commends India's economic resilience and growth amid global challenges
Updated : 2 years, 2 months ago IST
The Executive Board of the International Monetary Fund (IMF) came up with a ringing endorsement of India's growth story after concluding the Article IV consultation with New Delhi, commending the nation's robust economic growth, resilient financial sector, and notable progress in formalis
Read More
Pakistan slashes petrol price by PKR 14, high-speed diesel by PKR 13.5
Updated : 2 years, 2 months ago IST
It reported citing a notification from the Pakistan Ministry of finance, the new prices of petrol are PKR 267.34 and PKR 276.21 for HSD. The State Bank reported the dollar had settled at PKR 283.51 on Thursday after losing against the local currency. Dealers said the market stayed calm even
Read More
Sri Lanka needs to finalize deals with creditors ahead of second review in
Updated : 2 years, 3 months ago IST
International Monetary Fund (IMF) Senior Mission Chief for Sri Lanka Peter Breuer has said the country needs to enter into agreements with its official and private creditors before the second review of the Extended Fund Facility (EFF), which is expected to be concluded by the end of the firs
Read More
IMF revises Pakistan's foreign loan requirement to USD 25 bn for this fisc
Updated : 2 years, 3 months ago IST
The International Monetary Fund (IMF) has revised Pakistan's foreign loan requirement to USD 25 billion for this fiscal year, reducing it by USD 3.4 billion, The Express Tribune newspaper reported, adding that it also lowered Pakistan's economic growth projection to just 2 per cent.
Read More
Agreement with Pakistan on second tranche 'expected this week': IMF chief
Updated : 2 years, 4 months ago IST
International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Wednesday said the agreement for the release of the second tranche, amounting to USD 3 billion under the Standby Arrangement (SBA) with Pakistan is expected this week, Dawn reported.
Read More
Pakistan seeks USD600 million from Chinese banks amid IMF bailout negotiat
Updated : 2 years, 4 months ago IST
The Pakistani government is actively engaged in discussions with the Industrial and Commercial Bank of China (ICBC) and the Bank of China, seeking a combined loan of USD 600 million.
Read More
IMF asks Pakistan to implement anti-money laundering laws
Updated : 2 years, 4 months ago IST
Pakistan has been asked by the International Monetary Fund (IMF) to ensure strict implementation of anti-money laundering laws, ARY News reported.
Read More
IMF urges Pakistan to tax agriculture, real estate, retail sectors
Updated : 2 years, 4 months ago IST
The International Monetary Fund (IMF) has urged Pakistani authorities to bring agriculture, real estate, and retail sectors into the tax net, Geo News reported.
Read More
Pakistan: Mill owners raise 20 kg flour bag price by PKR 100
Updated : 2 years, 4 months ago IST
Flour Mills Association President Mian Muhammad Naseem Hasan and Rao Sajid Mahmood said in a statement that due to the poor policies of the caretaker government, the wheat quota has not been provided yet and added that as a result they were forced to buy and sell wheat at high prices from th
Read More
Cover story on Sheikh Hasina in Time magazine raises hackles in Bangladesh
Updated : 2 years, 4 months ago IST
A cover story on Bangladesh Prime Minister Sheikh Hasina in a recent edition of the Time magazine, titled 'Hard Power: Sheikh Hasina and the Fate of Democracy in Bangladesh', has drawn frowns from many back home.
Read More
Pakistan informs IMF its debt serving costs may go up to PKR 8.5 trillion
Updated : 2 years, 4 months ago IST
Pakistan faces challenges in securing around USD 6.5 billion in external debt this year due to unfavourable economic conditions.
Read More
Pakistan rupee faces significant depreciation ahead of IMF negotiations
Updated : 2 years, 4 months ago IST
As the IMF's $3 billion stand-by arrangement initiated its first review on Thursday, the Pakistani rupee experienced a declining trend against the US dollar, casting uncertainty on future prospects, Dawn reported on Thursday.
Read More