Search For "pakistan financial situation"
Pakistan Finance Minister Ishaq Dar assures country 'will not default'
Updated : 3 years, 5 months ago IST
Ishaq Dar stressed that Pakistan was on the verge of default in 2013. However, their government was able to move the country out of the crisis by using "good economic steps."
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Pakistan govt takes cost-cutting measures to address country's 'financial
Updated : 3 years, 5 months ago IST
The measures taken in view of the financial emergency include that all government vehicles used by officers (entitled) should not be given over 120 litres of fuel per month. Employees travelling out of town, city or village on official work should be given two DAs according to their grade an
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Cash-strapped Pakistan mulls taking another IMF loan as floods wreak havoc
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], September 1 (ANI): As Pakistan struggles to deal with the devastating flood situation, the cash-strapped country is mulling another emergency loan from the International Monetary Fund (IMF), days after it managed to secure the much-needed bailout package to avert an imm
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IMF approves revival of Pakistan's EFF programme: Finance Minister Miftah
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], August 30 (ANI): The International Monetary Fund's (IMF) executive board has approved the revival of Pakistan's Extended Fund Facility (EFF) programme, said the country's Finance Minister Miftah Ismail, adding that after this the country will receive the 7th and 8th tra
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Pakistan may borrow another USD 2.8 billion from IMF under Saudi Arabia's
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], August 15 (ANI): Pakistan claimed that Islamabad has been able to borrow up to USD 2.8 billion against Riyadh's quota of Special Drawing Rights (SDRs) after reports of Saudi Arabia planning to renew a USD 3 billion deposit at the State Bank of Pakistan.
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