Search For "international monetary fund"
Govt left with no choice, says Pak PM Shehbaz Sharif blaming Imran Khan's
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 16 (ANI): Pakistan Prime Minister Shehbaz Sharif on Thursday said that the Government was 'left with no choice' but to raise fuel prices while blaming the previous Imran Khan-led PTI government for signing the 'worst ever deal' with the International Monetary Fund
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IMF calls for quick agreement between Zambia, creditors on debt restructur
Updated : 3 years, 9 months ago IST
Zambia [Zimbabwe], June 16 (ANI/Xinhua): The International Monetary Fund (IMF) on Wednesday called for a quick agreement between Zambia and its creditors on debt relief in order to speed up the process of a financing agreement.
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IMF engages in tough talks with Pakistan as country shares coming 2022-23
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 9 (ANI): International Monetary Fund (IMF) drives hard bargain with Pakistan as the fund engages in tough talks by the indicated placement of four to five major prior actions for the revival of the stalled USD 6 billion programme.
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IMF asks Pakistan to reopen CPEC deal ahead of payment to China
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 9 (ANI): Putting Islamabad in a tight spot, the International Monetary Fund (IMF) has asked Pakistan to renegotiate the China-Pakistan Economic Corridor (CPEC) energy deals before making payments of around Pakistani rupees 300 billion to the Chinese power plants.
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Imran Khan carried out 'suicide bombings' throughout Pakistan: Former Pak
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 7 (ANI): Pakistan Muslim League-Nawaz (PML-N) leader and former prime minister Shahid Khaqan Abbasi on Monday held Pakistan Tehreek-e-Insaf chief Imran Khan accountable for breaching the International Monetary Fund (IMF) deal as he called his faulty decisions 'suic
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Credit rating agency Moody's downgrades Pakistan outlook to 'negative'
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 4 (ANI): The New York-based credit rating agency Moody's Investor Service downgraded Pakistan's outlook to negative from stable amid a delay in a deal with the International Monetary Fund (IMF) for an economic bailout.
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Sri Lanka targets USD 5 billion this year for repayments, says PM
Updated : 3 years, 9 months ago IST
Colombo [Sri Lanka], June 3 (ANI): Sri Lanka's newly appointed Prime Minister Ranil Wickremesinghe, during a meeting with representatives from the Joint Chambers on Thursday, explained that the Government was targeting USD 5 billion for repayments and USD 1 billion to bolster the country's r
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Pakistan's IMF program depends on govt ability to make fiscal adjustments
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 2 (ANI): The restoration of Pakistan's delayed International Monetary Fund (IMF) programme depends on the government's capacity to make a fiscal adjustment of about 2.5 per cent of the GDP.
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World Bank to disburse USD 700 million to Sri Lanka
Updated : 3 years, 9 months ago IST
Colombo [Sri Lanka], May 31 (ANI): The World Bank is set to disburse about USD 700 million to Sri Lanka within the next few months.
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Govt to soon come out with consultation paper on cryptocurrencies: Secy De
Updated : 3 years, 9 months ago IST
New Delhi [India], May 30 (ANI): There is a lot of discussion going on with different stakeholders including the World Bank and the International Monetary Fund and the government would soon come out with a consultation paper on cryptocurrencies, Ajay Seth, Secretary, Department of Economic A
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Pakistan in dire need of USD 36 billion to avert economic collapse
Updated : 3 years, 9 months ago IST
Karachi [Pakistan}, May 29 (ANI): Amid the depleting foreign currency reserves and crashing economy, Pakistan is in dire need of USD 36-37 billion in foreign financing in the next fiscal year.
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Shehbaz blames Imran for Pakistan's economic woes in his first public addr
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], May 28 (ANI): Refuting the allegations of foreign conspiracy made by PTI chief Imran Khan, Pakistan Prime Minister Shehbaz Sharif on Friday blamed the PTI chief for major problems afflicting the nation including mounting loans, inflation and economic woes of the country
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