Search For "international monetary fund"
Time to change Pakistan economy's DNA, says country's Finance Minister aft
Updated : 1 year, 5 months ago IST
Pakistan must overhaul its economic foundation to break free from repeated IMF bailouts, according to Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, who stressed that the recently approved 37-month Extended Fund Facility (EFF) should be the country's last.
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Pakistan will face "transitional pain," says Finance minister as IMF appro
Updated : 1 year, 5 months ago IST
Pakistan's Finance Minister Muhammad Aurangzeb recently warned that the country will face "transitional pain" after the International Monetary Fund (IMF) agreed to loan Pakistan USD 7 billion, which the Prime Minister Shehbaz Sharif-led government has pledged would be the last from the Washi
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"Pakistan asking IMF for USD 7 billion bailout package, could have asked u
Updated : 1 year, 5 months ago IST
Union Defence Minister Rajnath Singh on Sunday said that Pakistan has asked the International Monetary Fund (IMF) for a seven billion dollar bailout package, and Prime Minister Narendra Modi has given more than this in the PF package for J&K.
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Gita Gopinath meets Sitharaman, lauds government's policy continuity in fi
Updated : 1 year, 6 months ago IST
Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), met Union Finance Minister Nirmala Sitharaman on Saturday and lauded the continuity in "fiscal consolidation path" being followed by the Government
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New house sales slump amid property crisis in China
Updated : 1 year, 7 months ago IST
Property prices fell by 0.6 per cent in June continuing for the last 14 months, Nikkei Asia quoted data from China's National Bureau of Statistics
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Pakistan Peoples Party acquires most debt from IMF, PTI leads in interest
Updated : 1 year, 7 months ago IST
A report by the Pakistan Federal Ministry of Economic Affairs disclosed that the previous government led by the Pakistan Peoples Party has borrowed the maximum from International Monetary Fund (IMF), with a loan of over USD 7.72, The Express Tribune reported.
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India to become USD 55 trillion economy by 2047 if it grows at 8 pc annual
Updated : 1 year, 7 months ago IST
KV Subramanian, Executive Director of the International Monetary Fund (IMF) and former Chief Economic Advisor of India, said on Thursday that India could become a USD 55 trillion economy by 2047 if it maintains an 8 per cent annual growth rate.
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Jamaat-e-Islami chief warns govt of boycotting electricity bills across na
Updated : 1 year, 7 months ago IST
He warned that delay in addressing the demands of JI, including the elimination of contracts with independent power producers (IPPs), will cost the rulers dearly, potentially sparking a larger crisis.
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Pakistan fears mount as loan talks with China face uncertainty
Updated : 1 year, 7 months ago IST
On Friday, Finance Minister Muhammad Aurangzeb met with Pan Gongsheng, the governor of China's central bank, to discuss bilateral financial cooperation, according to a statement from the People's Bank of China.
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Pakistan Tehreek-e-Insaf organises rallies seeking release of jailed leade
Updated : 1 year, 7 months ago IST
The protests, organised at the provincial assembly level, saw local PTI lawmakers and leaders taking prominent roles in addressing the crowds. In Peshawar, demonstrations were conducted across all 13 provincial assembly constituencies, with a notable gathering in the Namak Mandi area led by
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Hard to implement IMF deal as political pressure surges in Pakistan: Exper
Updated : 1 year, 7 months ago IST
The current fiscal year's tax-laden budget and the Supreme Court's ruling on reserved seats have shifted the focus of politics to the economy, further posing doubts over Pakistan's ability to meet the new International Monetary Fund (IMF) conditions for a USD 7 billion loan, reported Dawn.
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PML-N supremo Nawaz Sharif Nawaz says "nation not being treated well", adm
Updated : 1 year, 7 months ago IST
Pakistan Muslim League-Nawaz (PML-N) President, Nawaz Sharif criticised the actions of the previous administration on Saturday, stating that the nation "is not being treated well, which was achieving development goals and getting rid of the International Monetary Fund (IMF)," according to Ge
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