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Pakistan, IMF fail to agree on MEFP under USD 6 billion Extended Fund Faci
Updated : 4 years, 5 months ago IST
Islamabad [Pakistan], October 23 (ANI): The Pakistani government and the International Monetary Fund (IMF) have not finalised the Memorandum of Economic and Financial Policies (MEFP) for the completion of the Sixth Review under the USD 6 billion Extended Fund Facility (EFF), reported local m
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Possible Afghan refugee crisis could cost Pakistan 500 million dollars ann
Updated : 4 years, 5 months ago IST
Islamabad [Pakistan], October 20 (ANI): The International Monetary Fund (IMF) has said that a possible refugee crisis in Afghanistan is likely to increase the burden of refugees on Pakistan and other countries and Islamabad will have to bear a burden of 500 million dollars annually, reported
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Pakistan fails to strike agreement with IMF under USD 6 billion Extended F
Updated : 4 years, 5 months ago IST
Islamabad [Pakistan], October 17 (ANI): Unable to reconcile and evolve consensus on the Memorandum of Economic and Financial Policies (MEFP), the International Monetary Fund (IMF) and Pakistan have so far failed to strike a staff-level agreement under USD 6 billion Extended Fund Facility (EF
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Pakistan foreign borrowing soars to USD 6.7 bn as debt mounts
Updated : 5 years ago IST
Islamabad [Pakistan], February 27 (ANI): As Pakistan's financial debt continues to mount, the Imran Khan government received USD 6.7 billion in gross foreign loans in the first seven months of the current fiscal year, including a new commercial loan of USD 500 million from China last month.
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Pakistan rejects IMF demand to freeze salaries of govt employees
Updated : 5 years, 9 months ago IST
Islamabad [Pakistan], June 8 (ANI): Pakistan has rejected the demand made by the International Monetary Fund (IMF) to freeze salaries of government employees.
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COVID-19: IMF approves over USD 1.3 billion emergency financing to Pakista
Updated : 5 years, 11 months ago IST
Washington [US], April 17 (ANI): The International Monetary Fund (IMF) on Thursday approved USD 1.3 billion in emergency financing to Pakistan to address the economic impact of the COVID-19 shock.
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Pak's failure to exit from FATF grey list poses risk to IMF loan: Official
Updated : 6 years, 7 months ago IST
Islamabad [Pakistan], Aug 6 (ANI): Pakistan's failure to exit from Financial Action Task Force's (FATF) grey list is a risk to the recently approved International Monetary Fund (IMF) loan worth USD six billion, said Teresa Daban Sanchez, IMF's Resident Representative for the country.
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Pak to receive first trench of IMF bailout package today
Updated : 6 years, 8 months ago IST
Islamabad [Pakistan], July 9 (ANI): Out of the USD 6 billion bailout package, Pakistan will receive the instalment of USD 1 billion from the International Monetary Fund (IMF) today.
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People crushed under rising prices in 'Naya Pakistan': Nawaz Sharif's daug
Updated : 6 years, 10 months ago IST
Islamabad [Pakistan], May 16 (ANI): Pakistan Muslim League-Nawaz (PML-N) leader Maryam Nawaz on Thursday said that people in the debt-ridden 'Naya Pakistan' are being crushed under the weight of rising prices and shrinking income.
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Be cautious before signing any deal with Pak: Altaf Hussain to IMF
Updated : 6 years, 10 months ago IST
London [UK], May 15 (ANI): Altaf Hussain, leader of Muttahida Qaumi Movement (MQM) on Wednesday appealed to the International Monetary Fund (IMF) to be "cautious" before signing any agreement with unreliable countries like Pakistan.
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'Pakistan, IMF have finalised bailout package'
Updated : 6 years, 11 months ago IST
Islamabad [Pakistan], Apr 16 (ANI): Pakistan and the International Monetary Fund (IMF) have reached a bailout agreement and all the contentions have been resolved, Pakistan's Finance Minister Asad Umar said on Tuesday.
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Pak close to signing bailout agreement with IMF, says Finance Minister Asa
Updated : 6 years, 11 months ago IST
Washington D.C. [USA], Apr 13 (ANI): Pakistan and the International Monetary Fund (IMF) will soon sign a package for bailing out the country's ailing economy, Finance Minister Asad Umar has said.
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