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Delay in IMF deal may cause Pakistan to pause repayments, US bank warns
Updated : 3 years, 3 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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Banks may increase loan interest rate by 100-150 bps in FY24 amid tighteni
Updated : 3 years, 3 months ago IST
The rating agency opines that the transmission of monetary policy in the banking system could intensify in FY24 driven by the sharp rise in bank's marginal cost of funding.
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Desperate for bailout, Pakistan to seek US help for staff-level agreement
Updated : 3 years, 3 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, 3 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, 3 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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'Knowledge is Power': A new campaign begins at Praadis Education
Updated : 3 years, 3 months ago IST
New Delhi [India], March 11 (ANI/PRAADIS TECHNOLOGIES PVT LTD): Praadis Education has launched a new campaign called "Knowledge is Power" which aims to empower students with the knowledge they need to navigate the competitive world and stand with their head held high. This campaign is design
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IMF "not being fair" to Pakistan, claims FM Bilawal Bhutto Zardari
Updated : 3 years, 3 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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Cryptos to buy in 2023: Solana, Big Eyes Coin and Litecoin are the HOTTEST
Updated : 3 years, 3 months ago IST
New Delhi [India], March 11 (ANI/ATK): The concept of exclusivity in membership clubs is becoming a thing of the past for one club in Edinburgh. The Morningside Club was the town's best-kept secret and prospective members had to be nominated by two current members just to apply. Sheila Noble
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Policy tightening has ways to go as global inflation above targets: Singap
Updated : 3 years, 3 months ago IST
Ravi Menon, Managing Director of the Monetary Authority of Singapore said most central banks have shifted to a more moderate pace of monetary policy tightening in line with inflation coming off its peak, however, he believes the tightening cycle has some ways to go as the inflation numbers a
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Sri Lankan President welcomes financial assurances from creditors, highlig
Updated : 3 years, 3 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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IMF board to consider approval of Sri Lanka's bailout package on March 20
Updated : 3 years, 3 months ago IST
IMF noted that the financial assurances from creditors paves the way for consideration of approval of the state-level agreement reached on September 1.
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GreedyGame launches 'PubScale,' the world's first all-in-one AI-powered pl
Updated : 3 years, 3 months ago IST
Bangalore (Karnataka) [India], March 6 (ANI/NewsVoir): GreedyGame, a leading app growth and monetization company, has announced the launch of 'PubScale', an all-in-one AI-powered platform for publishers. PubScale is a one-stop growth and monetization platform for mobile apps, website and gam
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