Search For "standby arrangement"
IMF approves final USD 1.1 bn tranche for Pakistan's bailout package
Updated : 1 year, 11 months ago IST
This latest funding marks the third and final installment of a USD 3 billion standby arrangement with the IMF, crucial for Pakistan to stave off a sovereign default, particularly as the existing arrangement is set to expire this month.
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Pakistan needs another IMF loan programme for stability, says PM Shehbaz S
Updated : 2 years ago IST
The comments came after the IMF agreed to a staff-level agreement with Islamabad which, if approved by its board, would disburse the last tranche of USD 1.1 billion under an existing USD 3 billion standby arrangement.
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Pakistan likely to hold crucial talks with IMF next week
Updated : 2 years ago IST
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.
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Pakistan receives tranche of USD 700 mn from IMF amid economic crisis
Updated : 2 years, 2 months ago IST
The loan was approved after the IMF Executive Board completed its first review last week, bringing the total disbursements under the USD 3 billion Standby Arrangement (SBA) to about USD 1.9 billion.
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Agreement with Pakistan on second tranche 'expected this week': IMF chief
Updated : 2 years, 4 months ago IST
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.
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Pakistan's external woes to persist due to shrinking dollar inflows
Updated : 2 years, 7 months ago IST
Pakistan's external woes would continue to persist due to shrinking dollars despite agreeing to an IMF Standby Arrangement (SBA) scheme worth USD 3 billion, according to The News International.
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Pakistan: Total foreign loans rise to USD 2.8bn in July
Updated : 2 years, 7 months ago IST
Pakistan's total foreign loans increased to USD 2.8 billion in the first month (July 2023) of the current fiscal year as a result of additional USD 2 billion time deposits from the Kingdom of Saudi Arabia (KSA) and USD 508 million in guaranteed loans from China for the Pakistan Air Force to
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Pakistan: Risks attached to IMF increases if caretaker setup extended
Updated : 2 years, 7 months ago IST
The risks attached to the International Monetary Fund's billion Standby Arrangement (SBA) program will increase as the tenure of caretaker can be extended after the approval of the digital census.
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IMF bailout will help strengthen Pakistan's foreign exchange reserves: PM
Updated : 2 years, 8 months ago IST
After Pakistan signed a staff-level agreement on a "standby arrangement" for nine months, contributing to Pakistan's economic stability, Prime Minister Shehbaz Sharif expressed his appreciation on Friday, ARY News reported.
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Pakistan govt considering to increase levy on petrol, diesel: Report
Updated : 2 years, 9 months ago IST
Pakistan government is mulling raising the Petroleum Development Levy (PDL) on petrol and diesel from Pakistani Rupees (PKR) 50 to PKR 55 per litre with effect from July 1, 2023, Pakistan-based The News International reported.
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