Search For "pakistan imf"
Pakistan: Inflation hits highest level on record
Updated : 3 years ago IST
This was the highest annual rate since available data, i.e. July 1965, according to the research firm Arif Habib Ltd, and is also expected to rise even further in the coming months.
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Pak govt accepts one more IMF demand, imposes power surcharge from next fi
Updated : 3 years ago IST
Pakistan's government has taken the decision to generate PKR 335 billion more in revenue over the next fiscal year to finance the power sector's debt and liabilities.
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Pakistan accepts one more IMF condition, agrees to increase interest rate
Updated : 3 years ago IST
Pakistan has accepted another pre-condition of the IMF for the release of USD 1.1 billion in critical funding.
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Cash-strapped Pakistan receives funds worth USD 700 million from China Dev
Updated : 3 years, 1 month ago IST
Dar took to his Twitter to make the announcement. He wrote: "AlhamdoLilah! Funds USD 700 million received today by State Bank of Pakistan from China Development Bank".
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IMF asks Pakistan to take steps to be able to function as a country
Updated : 3 years, 1 month ago IST
"My heart goes to the people of Pakistan. They have been devastated by the floods that affected one-third of the population of the country," Georgieva said in an interview with an international broadcaster on Sunday.
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Pakistan's current situation most difficult in last 2 decades: Report
Updated : 3 years, 1 month ago IST
In December, 2022, inflation in the country stood at 24.5 per cent, almost double of 12.3 per cent from the previous year, the report said, adding that the common people were the most affected by the high flour prices amid the country's worst-ever food crisis.
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Medicine supply to only cancer hospital in Balochistan halted
Updated : 3 years, 1 month ago IST
According to the reports, Balochistan's only cancer hospital's medical supply has been stopped due to the financial crisis in Pakistan. the medical supply was under the Balochistan Endowment Fund (BEF).
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IMF loan delay pushing Pakistan economy "into a tailspin": Report
Updated : 3 years, 1 month ago IST
Pakistan is in panic after the IMF team that came to negotiate the details left without reaching a final agreement last week. Even though Finance Minister Ishaq Dar and Prime Minister Shehbaz Sharif agreed to all the preconditions. And now Pakistan increased the petrol price which is increas
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Tough times ahead for Pakistan as talks with IMF fails
Updated : 3 years, 1 month ago IST
Pakistan is seeking a USD 7 billion bailout package from the IMF to prevent the collapse of the economy. While the visiting IMF delegation is asking for several reforms and compliance with its conditionality.
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Pakistan, IMF fail to reach staff-level pact on bailout package
Updated : 3 years, 1 month ago IST
The development comes as negotiations, which took place between IMF and Pakistan from January 31 to February 9, concluded in Islamabad.
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Pakistan on verge of bankruptcy but political parties differ: Report
Updated : 3 years, 1 month ago IST
Pakistan repeats its old habit of asking the money from foreign lands. Recalling the past, the vernacular media said that even 15 years ago Islamabad was doing the same thing and asking for money.
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Pak govt putting up brave face amid deadlock over IMF bailout: Report
Updated : 3 years, 1 month ago IST
According to Dawn, a clear roadmap on external financing and domestic budgetary steps, coupled with substantial energy cost adjustments, should have led to sharing of a draft Memorandum of Economic and Fiscal Policies (MEFP) by the visiting IMF mission wit the authorities at least a day b
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