Search For "staff level agreement"
Amid reeling economic crisis, Pak govt hikes petrol price for next 15 days
Updated : 2 years, 11 months ago IST
Ishaq Dar, the finance minister, revealed on Saturday that the federal government has decided to raise the cost of petrol by Rs 10 per litre for the ensuing 15 days, Geo News reported.
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International Monetary Fund deal is on track, says Pakistan Finance Minist
Updated : 2 years, 11 months ago IST
"We are now only awaiting the confirmation of a USD 1bn commitment from one friendly country. After that, all their requirements to conclude the staff-level agreement will be complete. Following that, it takes two more weeks to take the matter into the board meeting," he assured his people.
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State Bank of Pakistan likely to raise interest rate to unlock IMF loan pr
Updated : 2 years, 11 months ago IST
The staff-level agreement between the International Monetary Fund (IMF) and Pakistan was scheduled to take place on February 9.
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IMF asks Pakistan to provide external financing assurances for release of
Updated : 3 years ago IST
It should be noted that Pakistan and the IMF have been negotiating since early February on an agreement that would release USD 1.1 billion to the cash-strapped, nuclear-armed country of 220 million people and its supercritical for the liquidity-challenged country, whose deficient foreign exc
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Chinese bank to refinance USD 500 million loan for Pakistan
Updated : 3 years ago IST
The Pakistani authorities are running from pillar to post to get 100 per cent confirmation from friendly donor countries and multilateral creditors before moving toward striking a staff-level agreement with the International Monetary Fund (IMF). It was an unwritten condition from the IMF tha
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Desperate for bailout, Pakistan to seek US help for staff-level agreement
Updated : 3 years ago IST
Following the delay in the staff-level agreement with the International Monetary Fund (IMF), Pakistan has decided to seek US help for the revival of the stalled loan programme, ARY News reported, citing sources. Sources within the Finance Ministry familiar with the development said that the
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Pakistan to seek US help for revival of stalled IMF loan programme
Updated : 3 years ago IST
According to sources within the Finance Ministry, the incumbent government has decided to seek Washington's help as the majority of the demands of the fund have been completed. "There is no need for further delay in the staff-level agreement."
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IMF places new demands before Pakistan for holding policy-level talks next
Updated : 3 years, 1 month ago IST
If Pakistan and IMF reach a consensus by Feb 9, they will sign a staff-level agreement.
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IMF asks Pakistan to meet demands within three weeks to revive loan progra
Updated : 3 years, 3 months ago IST
To pave the way for a staff-level agreement and release of $1 billion tranche under the Extended Fund Facility (EFF), a timeframe of two to three weeks has been given for implementing "all required actions".
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Sri Lanka: Opposition party vows not to give national assets to redeem loa
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], September 3 (ANI): Sri Lanka's main Opposition party Samagi Jana Balawegaya vowed in the Parliament on Friday that it would not let the government sell their national assets to redeem its loan obligations to China.
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Debt-ridden Sri Lanka reaches staff level agreement for USD 2.9 million de
Updated : 3 years, 6 months ago IST
Washington [US], September 1 (ANI): International Monetary Fund (IMF) staff and debt-ridden Sri Lankan authorities on Thursday reached a staff-level agreement to support Sri Lanka's economic policies with a 48-month arrangement under the Extended Fund Facility (EFF) of about USD 2.9 billi
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PKR 30 bn taxes to be imposed to save Pakistan State Oil from default: Rep
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 1 (ANI): Pakistan has decided to impose additional taxes totalling Pakistan Rs (PKR) 30 billion as it struggles to arrange PRK 100bn in emergency funds to prevent an international default on oil and gas payments and sustain its staff-level agreement with the Inte
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