Search For "international monetary"
Pakistan wait for nod from Gulf states to unlock IMF loan: Report
Updated : 3 years, 2 months ago IST
All eyes are now on the UAE, Qatar, and the Kingdom of Saudi Arabia (KSA) to save Pakistan's struggling economy
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Chinese bank to refinance USD 500 million loan for Pakistan
Updated : 3 years, 2 months ago IST
The Pakistani authorities are running from pillar to post to get 100 per cent confirmation from friendly donor countries and multilateral creditors before moving toward striking a staff-level agreement with the International Monetary Fund (IMF). It was an unwritten condition from the IMF tha
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Chinese investors hesitant to finance new projects in Pakistan amid its di
Updated : 3 years, 2 months ago IST
Beijing is not happy with the strict conditions of the International Monetary Fund (IMF) for the resumption of the USD 6 billion bailout package program, which may exacerbate Pakistan's economic troubles and draw scrutiny to Chinese loans.
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Is Pakistan about to see its worst recession?
Updated : 3 years, 2 months ago IST
Inflation, external concerns, and supply disruption are anticipated to have a significant impact on the economy in the future amid heightened recessionary risks.
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Pakistan PM Shehbaz Sharif says fears of default have "ended" owing to gov
Updated : 3 years, 2 months ago IST
Shehbaz Sharif's statement was contrary to over a dozen economists who believe that Pakistan faces the renewed risk of recession amid a deepening political and economic crisis and a delay in the revival of the International Monetary Fund's (IMF) bailout programme.
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Shriram Finance offers recession proof products to Streamline Finances for
Updated : 3 years, 2 months ago IST
Mumbai (Maharashtra) [India], March 15 (ANI/PRNewswire): According to the IMF, global GDP will decelerate to 2.9 per cent in 2023, down from 3.4 per cent in 2022. The International Monetary Fund (IMF) expects India to grow at a rate of 6.0-6.5 per cent, down from a predicted rate of 7 per ce
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Delay in IMF deal may cause Pakistan to pause repayments, US bank warns
Updated : 3 years, 2 months ago IST
Pakistan will need to pause debt repayments if it does not secure funding from the International Monetary Fund soon enough, a US bank warned
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Desperate for bailout, Pakistan to seek US help for staff-level agreement
Updated : 3 years, 2 months ago IST
Following the delay in the staff-level agreement with the International Monetary Fund (IMF), Pakistan has decided to seek US help for the revival of the stalled loan programme, ARY News reported, citing sources. Sources within the Finance Ministry familiar with the development said that the
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Pakistan to seek US help for revival of stalled IMF loan programme
Updated : 3 years, 2 months ago IST
According to sources within the Finance Ministry, the incumbent government has decided to seek Washington's help as the majority of the demands of the fund have been completed. "There is no need for further delay in the staff-level agreement."
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Pakistan PM Shehbaz Sharif accuses Imran Khan of creating hurdles in reviv
Updated : 3 years, 2 months ago IST
Pakistan PM Shehbaz Sharif said that the creation of chaos on roads is part of Imran Khan's agenda which aims at "fanning the fire of instability in the country."
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IMF "not being fair" to Pakistan, claims FM Bilawal Bhutto Zardari
Updated : 3 years, 2 months ago IST
Foreign Minister of Pakistan Bilawal Bhutto Zardari has claimed that the International Monetary Fund (IMF) is not being "fair" to Pakistan, as the country is facing serious crises. In an interview with the Associated Press on Friday, Bilawal Bhutto said that Pakistan was facing an economic c
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Sri Lankan President welcomes financial assurances from creditors, highlig
Updated : 3 years, 2 months ago IST
Wickremesinghe stated that he and Sri Lanka's Central Bank Governor signed the agreement and sent it to IMF. He noted that a response from IMF is expected this month followed by funds from World Bank and Asian Development Bank.
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