Search For "loan program"
IMF seeks more Pak assurances before releasing bailout package
Updated : 3 years, 1 month ago IST
The International Monetary Fund (IMF) has "welcomed" Pakistan's confirmation of having secured crucial bilateral support from key partners and said it looked forward to receiving further "financing assurances as soon as possible", which would help conclude the much-delayed ninth review of a
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State Bank of Pakistan likely to raise interest rate to unlock IMF loan pr
Updated : 3 years, 1 month ago IST
The staff-level agreement between the International Monetary Fund (IMF) and Pakistan was scheduled to take place on February 9.
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State Bank of Pakistan likely to raise interest rate to unlock IMF loan pr
Updated : 3 years, 2 months ago IST
The SBP recently increased interest rates by 2 per cent, but the IMF is now forcing Islamabad to raise rates by 2 per cent again.
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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 asks ministers, advisers to let go of salaries, benefits as pa
Updated : 3 years, 3 months ago IST
According to Dawn, the belt-tightening comes as the government is trying to resume a stalled loan programme of the International Monetary Fund (IMF) to secure funds worth USD 1 billion. The premier said an agreement with the Fund was in its final stages.
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Pak rupees hit new low vs USD, slides to Rs 227.88 a dollar
Updated : 3 years, 4 months ago IST
The fresh drop came after the government failed to make any headway in its talks with the International Monetary Fund (IMF) for the revival of its stalled USD 6.5 billion loan programme.
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IMF asks Pakistan to meet demands within three weeks to revive loan progra
Updated : 3 years, 5 months ago IST
To pave the way for a staff-level agreement and release of $1 billion tranche under the Extended Fund Facility (EFF), a timeframe of two to three weeks has been given for implementing "all required actions".
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Pakistan army chief reaches out to UAE, Saudi authorities on IMF loan
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], August 5 (ANI): Chief of Pakistan Army, General Qamar Javed Bajwa, held a conversation with the authorities of the United Arab Emirates and Saudi Arabia and discussed disbursement under the International Monetary Fund (IMF) loan programme.
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IMF says it held 'fruitful' talks with Sri Lanka on loan request
Updated : 4 years, 1 month ago IST
Washington [US], April 24 (ANI): The International Monetary Fund (IMF) on Saturday said that it held "fruitful technical discussions" with Sri Lankan authorities on the island nation's request for an IMF-supported loan program this week.
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Kinara Capital secures INR 52 crore from IIX's women's livelihood bond ser
Updated : 5 years, 2 months ago IST
Bangalore (Karnataka) [India], March 8 (ANI/BusinessWire India): Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India.
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Kanye West's Yeezy received USD 2 Million-plus from federal pandemic loan
Updated : 5 years, 10 months ago IST
Washington D.C. [USA], July 7 (ANI): American rapper Kanye West's Yeezy company received more than 2 million USD through the Paycheck Protection Program (PPP), the Small Business Administration disclosed on Monday.
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