Search For "international monetary"
Pakistan receives USD 1 billion loan from China
Updated : 2 years, 11 months ago IST
"This is to inform you that USD 1 billion has been received from China," said the central bank in a brief message to journalists on Friday night.
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Pakistan-IMF talks are underway, not concluded yet, says Finance Minister
Updated : 2 years, 11 months ago IST
Pakistan Finance Minister Ishaq Dar on Thursday said that Pakistan and International Monetary Fund (IMF) are underway and the talks have not failed nor the negotiation phase has concluded, reported ARY News.
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Time is running out for Pakistan to convince IMF to release loan
Updated : 2 years, 11 months ago IST
Time is running out for Pakistan to convince the International Monetary Fund to release USD 2.2 billion from its bailout programme before June 30.
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Pakistan's new budget depends on concessions from China
Updated : 2 years, 11 months ago IST
The country remains mired in political and economic crises, amid punishing inflation that neared 38 per cent in May. On Monday, the central bank left its benchmark rate unchanged at a record-high 21 per cent, saying it thinks inflation has "peaked."
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Pakistan finance minister hints at 'Plan B' as IMF loan remains locked
Updated : 2 years, 11 months ago IST
While addressing the post-budget news conference, Dar ruled out any talks about restructuring external debt with multilateral agencies or Paris Club.
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Pakistan needs to pass programme-friendly budget to unlock funds: IMF
Updated : 2 years, 11 months ago IST
A general election is scheduled for November, which the government hopes will resolve the uncertainty caused by the protest movement led by the chairman of the Pakistan Tehreek-e-Insaf (PTI) since his ouster in a no-confidence vote last year.
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India's economy is firing on all cylinders, leaving its rivals in dust
Updated : 2 years, 11 months ago IST
India is also making great efforts to accelerate infrastructure development. From airways to railways and roadways, a swift expansion and upgradation are set to enhance the macroeconomic dividends of the country.
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IMF demands, poll politics pushes Pakistan in a tight spot
Updated : 2 years, 11 months ago IST
Pakistan which undergoing an economic crisis and political instability is in a tight spot to revive its stalled USD 6 billion loan programme.
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Trouble mounts for Pakistan govt as IMF rejects loan request
Updated : 2 years, 11 months ago IST
Minister of State for Finance Dr Aisha Pasha, in a policy statement delivered during the National Assembly Standing Committee on Finance, stressed that Pakistan's only choice was to return to the IMF.
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"Meddling in internal affairs": Pakistan Defence Minister on IMF official'
Updated : 2 years, 11 months ago IST
In addition, Khawaja Asif responded, "Why do they close their eyes when something is happening somewhere, some location in the world where American interest is involved, but they don't speak," when questioned about his thoughts on Nathan Porter discussing the current political developments i
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Pak Minister hints at settling issues for stalled IMF bailout, promises "r
Updated : 2 years, 11 months ago IST
"We are following the programme in earnest at this stage and strongly hope that issues with the IMF would be settled very soon as the prime minister, the Ministry of Finance and the entire government were committed to the IMF programme and its amicable completion," said Minister of State for
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Pakistan govt sets conditions for negotiations with Imran Khan
Updated : 2 years, 11 months ago IST
Pakistan Finance Minister Ishaq Dar on Wednesday said that the talks with Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan were only possible if the latter "apologise to the nation for the May 9 riots," Pakistan-based ARY News reported
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