The International Monetary Fund (IMF) reached a staff-level agreement with Pakistan on Wednesday, on the final review of a USD 3 billion bailout, paving the way for the nation to receive the last tranche of USD 1.1 billion after approval from the Fund's Executive Board, reported Dawn.
The Pakistan government has 'assured' the International Monetary Fund (IMF) of expediting the privatisation programme, reported ARY News, citing sources.
The Pakistan ministry of Finance is expected to hold crucial talks with the International Monetary Fund (IMF) review mission of the USD 3 billion Standby Arrangement (SBA) programme, from next week, as reported by The News International.
Senators from two sides of political aisle sparred over Pakistan Tehreek-e-Insaaf (PTI) founder Imran Khan's letter to the International Monetary Fund (IMF) linking release of next tranche of bailout package with 'audit' of February 8 elections, Dawn reported.
The International Monetary Fund (IMF) has revised Pakistan's foreign loan requirement to USD 25 billion for this fiscal year, reducing it by USD 3.4 billion, The Express Tribune newspaper reported, adding that it also lowered Pakistan's economic growth projection to just 2 per cent.
International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Wednesday said the agreement for the release of the second tranche, amounting to USD 3 billion under the Standby Arrangement (SBA) with Pakistan is expected this week, Dawn reported.
The International Monetary Fund (IMF) has urged Pakistani authorities to bring agriculture, real estate, and retail sectors into the tax net, Geo News reported.
As Pakistan continue to face economic challenges, the International Monetary Fund has made it tougher for the country to manage by rejecting the proposal for any tariff adjustment or provision of additional subsidy, Geo News reported.
The development comes as the Pakistan caretaker government continues to hold talks for the third consecutive day in a bid to find ways to give relief to the protesting people.
As the Pakistani Rupee (PKR) goes down steadily against the US dollar, experts and stakeholders in Pakistan point fingers at the powerful grip of the grey market and the “significant interference” by the International Monetary Fund (IMF) in the country's banking and currency sectors, reporte
The Pakistan government had to impose additional taxes of 215 billion Pakistani Rupees (PKR) and slash expenditures by 85 billion PKR in order to strike an agreement with the International Monetary Fund (IMF), The News International reported on Saturday.