Search For "pakistan imf loan"
Pakistan's USD 7 billion IMF loan fails to alleviate economic struggles am
Updated : 1 year, 5 months ago IST
Pakistan has recently reached a significant agreement with the International Monetary Fund (IMF) for a USD 7 billion loan, yet many citizens express frustration over the country's persistent economic struggles.
Read More
IMF mission to meet Pakistan authorities next week to discuss "next phase
Updated : 1 year, 10 months ago IST
The International Monetary Fund (IMF) mission is expected to meet Pakistan authorities next week to further discuss the "next phase of engagement", Dawn reported citing, an official from the global lender.
Read More
Pakistan needs another IMF bailout, says PM Shehbaz Sharif amid economic w
Updated : 1 year, 11 months ago IST
Pakistan Prime Minister Shehbaz Sharif said on Thursday that the financially beleaguered nation needed another long-term bailout from the International Monetary Fund (IMF) to stabilise its fragile economy, ARY News reported.
Read More
Pakistan: IMF Loan Agreement delays after 'new demand'
Updated : 2 years, 10 months ago IST
According to the sources, Pakistan has been asked to present a repayment plan for a USD 3.7 billion loan to the IMF in June as well as needs to demonstrate stronger support from friendly nations in order to meet the commitment.
Read More
Pakistan: SBP's forex reserves dwindle to USD 4.5 billion, Islamabad left
Updated : 3 years, 2 months ago IST
According to sources, the development left Pakistan with an import cover of only under a month, as the country grapples with a deteriorating economic crisis while trying to bring down imports amid a dollar shortage.
Read More
Pak economy facing its worst crisis, grim scenario ahead in 2023
Updated : 3 years, 2 months ago IST
Pakistan is facing its worst economic crisis since its birth and a grim scenario dodges Islamabad in 2023 amid rising foreign debts, inflation, and falling foreign exchange reserves.
Read More
After significant rate hike, Pak govt has to pay heavy price for borrowing
Updated : 3 years, 3 months ago IST
The State Bank of Pakistan's (SBP) decision to hike its key policy rate by 100 basis points to a 24-year high of 16 per cent has created a new problem for Islamabad as it has to pay a heavy price for borrowing after the rate hike.
Read More
IMF, Pakistan to meet today for key talks on loan plans
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], August 29 (ANI): The International Monetary Fund (IMF) will meet the top officials of cash-strapped Pakistan on Monday to consider a bailout package as the country continues to face several economic hardships.
Read More
Pakistan needs to pass budget agreed with IMF to get loan assistance
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], June 30 (ANI): Pakistan will have to take two more "prior actions" to secure economic relief package from International Monetary Fund (IMF) - Passing the federal budget as agreed with the monetary organization, as well as, presenting a memorandum of understanding (MoU)
Read More
Pakistanis urged to drink less tea to keep economy afloat
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 16 (ANI): Federal Minister for Planning and Development Ahsan Iqbal has urged Pakistanis to drink less tea as the nation grapples with the economic crisis.
Read More
Growing financing needs may force Pakistan to seek new IMF loan to meet it
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], January 18 (ANI): Pakistan as it faces increased economic pressure may be forced to seek a new International Monetary Fund loan (IMF) to meet its gross financial needs.
Read More