Search For "pakistan imf"
Farm distress rising in Pakistan due to tax policies to gain IMF loan
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 17 (ANI): Farm distress is on the rise in Pakistan with various groups staging protests in multiple cities as the Imran Khan government has withdrawn all tax exemptions and imposed fresh taxes to fulfill International Monetary Fund's demand to receive the loan,
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Chinese firms to set up USD 3.5bn reprocessing park in Pakistan's Gwadar
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 5 (ANI): Chinese companies are ready to establish a USD 3.5 billion reprocessing park in Pakistan's Gwadar within two to three years, reported Dawn.
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IMF approves USD 1bn loan tranche for Pakistan
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 3 (ANI): The International Monetary Fund's executive board on Wednesday revived Pakistan's stalled programme and cleared USD 1 billion tranches after Islamabad gave complete autonomy to the country's central bank and took around PKR 800 billion measures, report
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Pakistan's economy struggles under combined burden of external, domestic d
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 19 (ANI): Pakistan's economy struggles under the combined burden of external and domestic debt, spiraling inflation, sharply depreciating Rupee, widening trade deficit, and other macro and micro-economic parameters, shows a recent report.
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Growing financing needs may force Pakistan to seek new IMF loan to meet it
Updated : 4 years, 2 months 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.
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Pakistan to face full-fledged financial crisis by end of fiscal year
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 14 (ANI): A full-fledged crisis will be knocking at the doors of Pakistan's struggling economy by end of the current fiscal year if the International Monetary Fund (IMF) program does not revive by the end of January or early February this year, said a recent rep
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Pakistan: Shahbaz Sharif says Oppn ready to support Imran Khan govt for st
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 12 (ANI): Leader of the Opposition in the National Assembly Shahbaz Sharif on Tuesday said that the Opposition is ready to support the government if it decides to take a stand against the International Monetary Fund (IMF) in the public interest.
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Pakistan Finance Minister Shaukat Tarin tables 'mini-budget' in Senate ami
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 5 (ANI): Pakistan Finance Minister Shaukat Tarin tabled the Finance (Supplementary) Bill 2021 also called as 'mini-budget' in the Senate on Tuesday amid protest from opposition members.
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Imran govt is turning Pakistan's State Bank into bank of IMF, says PML-N l
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 1(ANI): Lambasting the new bill in Pakistan's National Assembly, the country's former Finance Minister Miftah Ismail said that with the government's unveiling of a new amendment bill the State Bank of Pakistan (SBP) has "now become the State Bank of IMF."
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Regulatory body increases electricity tariff in Karachi after IMF's observ
Updated : 4 years, 3 months ago IST
Karachi [Pakistan], December 7 (ANI): Electricity tariff in Karachi increased by Rs 3.75 per unit following National Electric Power Regulatory Authority (NEPRA)'s order, which followed IMF's observation.
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Pak authorities remain in denial despite country's worsening economic situ
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], November 12 (ANI): Despite the worsening state of the economy in the country, and rising unemployment, Pakistani authorities remain in denial mode and Prime Minister Imran Khan keeps telling people in his every other address, not to be "disheartened".
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IMF has asked Pakistan to further hike levy on petroleum products, says Im
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], November 7 (ANI): Pakistan government is likely to increase the levy on petroleum products in the near future after it recently increased petrol prices amid continued protests by the Opposition, reported local media.
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