Search For "international monetary fund"
PKR 30 bn taxes to be imposed to save Pakistan State Oil from default: Rep
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 1 (ANI): Pakistan has decided to impose additional taxes totalling Pakistan Rs (PKR) 30 billion as it struggles to arrange PRK 100bn in emergency funds to prevent an international default on oil and gas payments and sustain its staff-level agreement with the Inte
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Wickremesinghe urges parties to find ways to repay loans as unrest delayed
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], July 31 (ANI): Sri Lanka's President Ranil Wickremesinghe on Sunday said that the unrest had delayed a possible deal with the International Monetary Fund to help pull the bankrupt nation out of its economic crisis and urged political parties must work together on find
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Not the job of army chief to deal with economic matters: Imran Khan after
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 30 (ANI): Former prime minister and Pakistan Tehreek-i-Insaf (PTI) Chairman Imran Khan on Friday said that Pakistan is getting weaker after the country's Chief of Army Staff General Qamar Javed Bajwa sought help from the US to secure an early loan dispersal from th
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Pakistan: Bajwa urges US to help Pakistan secure IMF loan tranche
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 29 (ANI): Pakistan's army chief General Qamar Javed Bajwa has sought help from the US to secure an early loan dispersal from the International Monetary Fund at a time when the country is battling with dwindling foreign reserves, media reports said.
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Pakistan likely to increase fuel prices
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 28 (ANI): Fuel prices in Pakistan are expected to rise before August as the country is required to meet conditions imposed by the International Monetary Fund, local media reported citing sources.
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Impasse in Pakistan over diplomats' tax exemptions, allowances
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 27 (ANI): Due to the constraints by International Monetary Fund in view of Pakistan's crippled economy, the country's government has once again failed to restore the income tax exemption and allowances for Pakistani diplomats posted abroad, media reports said.
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IMF revises China's growth by 1.1 pc, predicts major global spillovers
Updated : 3 years, 7 months ago IST
Washington [US], July 26 (ANI): The International Monetary Fund (IMF) said on Tuesday that it has revised downwards its forecast for China's economic growth by 1.1 per cent in 2022 and by 1.3 per cent next year.
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Unclear data on Chinese debts poses challenges for Sri Lanka's negotiation
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], July 23 (ANI): Newly-appointed Sri Lankan President Ranil Wickremesinghe has a tough task ahead of him negotiating a financial lifeline from the International Monetary Fund (IMF) to help his country combat its worst-ever economic crisis but what makes the process diffic
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Lebanese President urges IMF to conclude aid deal with Beirut
Updated : 3 years, 8 months ago IST
Beirut [Lebanon], July 22 (ANI/Xinhua): Lebanese President Michel Aoun on Thursday urged the International Monetary Fund (IMF) to conclude the aid agreement with the crisis-ridden country, saying Lebanon has been adopting the needed structural reforms.
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Pakistani rupee, stocks continue downward trend, experts blame country's p
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 21 (ANI): With the rupee hitting a record low level, losses at the Pakistan Stock Exchange (PSX), high inflation and low forex reserves of the country recently, experts in Pakistan believe that the delay in the loan facility from IMF and domestic political upheaval
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How Russian natural gas cut-off could affect Europe's economies?
Updated : 3 years, 8 months ago IST
Washington DC [US], July 20 (ANI): The International Monetary Fund (IMF) has warned that Russia's invasion of Ukraine has further darkened the global growth outlook, with the European economy facing a serious setback given its trade, investment, and financial links with the warring countries
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Negotiations with IMF nearing conclusion: Sri Lanka's acting President
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 18 (ANI): Sri Lanka's acting President Ranil Wickremesinghe on Monday said talks with the International Monetary Fund (IMF) are about to conclude amid the ongoing economic crisis that has led to civil unrest in the island nation.
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