Search For "international monetary"
Pakistan left with no choice but to accept IMF-dictated budget: Minister
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], June 23 (ANI): Pakistan Federal Minister for Climate Change Sherry Rehman on Wednesday accused the Imran Khan's policies of bringing the country on the verge of bankruptcy and said that they are left with no choice but to accept the budget on the terms of International
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Sri Lankan PM Wickremesinghe says economy has collapsed, will hold talks w
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], June 22 (ANI): Prime Minister of crisis-ridden Sri Lanka on Wednesday said that he will hold discussions with the International Monetary Fund (IMF) and arrive at an agreement to obtain an additional credit facility.
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Pakistani currency dives to Rs 211 per US dollars, losing over Rs 2 during
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], June 21 (ANI): Owing to quarter-end payments and delay in the revival of the International Monetary Fund (IMF) programme, the Pakistani rupee on Tuesday breached 211-a-US dollar, losing Rs 2 during intra-day trading.
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US to help Pakistan revive IMF deal
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], June 20 (ANI): The United States has agreed to help Pakistan negotiate a deal with the International Monetary Fund (IMF) amidst unprecedented economic instability in the country, reported local media, citing diplomatic sources.
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Govt left with no choice, says Pak PM Shehbaz Sharif blaming Imran Khan's
Updated : 3 years, 11 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, 11 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, 11 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, 11 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, 11 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, 11 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, 11 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, 11 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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