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IMF Approves $7 Billion Loan To Support Pakistan's Economy
The board of the International Monetary Fund on Wednesday agreed to loan Pakistan $7 billion to bolster its faltering economy, approving a relief package that Islamabad has pledged would be the last from the Washington-based lender.
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Amid Argentina Economic Reforms, IMF Approves $800 Million Payout
The IMF executive board voted Thursday to approve a payout of almost $800 million for Argentina as it continues a program of drastic economic reforms under its libertarian president, Javier Milei.
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IMF Approves Disbursal Of $1.1 Billion Loan Tranche To Pakistan: Report
The International Monetary Fund's (IMF) executive board has given the green light for a USD 1.1 billion loan tranche for Pakistan, signaling the conclusion of the second bailout package, ARY News reported.
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Pakistan, IMF Reach Agreement Over $1.1 Billion Payment: Report
The International Monetary Fund on Wednesday said it had reached a staff level agreement with Pakistan, which if approved by its board, will disburse $1.1 billion for the indebted South Asian economy also saddled with a balance of payment crisis.
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IMF Approves $700 Million Loan For Pakistan: Report
Amid the crippling economic woes in Pakistan, the Executive Board of the International Monetary Fund (IMF) completed its first review of the country's economic reform programme and allowed the immediate disbursement of USD 700 million.
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IMF Approves $3 Billion Bailout For Pakistan
The International Monetary Fund's board approved a $3 billion bailout programme for Pakistan on Wednesday, the lender said, which will immediately disburse about $1.2 billion to help the South Asian country.
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Pakistan Gets $1 Billion Deposit From UAE Ahead Of Key IMF Decision
Pakistan's state bank coffers were further boosted Wednesday by a $1 billion deposit from the United Arab Emirates, officials said, ahead of a key International Monetary Fund (IMF) board meeting to approve new funding.
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Pakistan PM Hopeful For $3 Billion Bailout Approval From IMF
Pakistan's Prime Minister Shehbaz Sharif said on Wednesday he was hopeful that $3 billion short-term bailout from the International Monetary Fund would be approved by the multilateral lender's board when it meets on July 12.
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IMF Hoping For Board Meet On Pak Before End Of Financing Program
The International Monetary Fund (IMF) remains in touch with Pakistan's authorities in order to pave the way for a board meeting before a financing program expires at the end of June, the IMF mission chief for Pakistan said.
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Sri Lanka Hikes Power Prices By 275 Per Cent To Secure IMF Deal
Sri Lanka's electricity board hiked consumer rates by up to 275 percent, officials said Thursday, the second steep increase in months as the bankrupt island nation works to secure an IMF bailout.
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IMF Eyes Expanded Access To Emergency Aid For Food Shocks: Report
The International Monetary Fund is looking for ways to provide emergency funding to countries facing war-induced food price shocks and will discuss measures at an executive board meeting on Monday, sources familiar with the matter told Reuters.
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IMF Money To Arrive In Pakistan By August-End: Report
The International Monetary Fund (IMF) convened a meeting of its executive board on August 29 to approve a bailout package for cash-starved Pakistan, including disbursement of about USD 1.18 billion, before the close of the current month, a media report said on Saturday.
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IMF Approves $1.4 Billion Emergency Support For Ukraine
The International Monetary Fund said its executive board on Wednesday approved $1.4 billion in emergency financing for Ukraine to help meet urgent spending needs and mitigate the economic impact of Russia's military invasion.
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Salvadorans Show Support for Bitcoin Despite International Monetary Fund Criticism
Karen Hernandez sells mobile phone accessories in El Salvador and says business has been through the roof since the country started using Bitcoin as legal tender.
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Focused On Global Challenges, Says IMF Head Georgieva After Receiving Board's Backing
The IMF executive board cleared Ms Georgieva, the fund's managing director, of wrongdoing in a World Bank data-rigging scandal that occurred while she was serving as chief executive
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IMF Approves $7 Billion Loan To Support Pakistan's Economy
The board of the International Monetary Fund on Wednesday agreed to loan Pakistan $7 billion to bolster its faltering economy, approving a relief package that Islamabad has pledged would be the last from the Washington-based lender.
-
Amid Argentina Economic Reforms, IMF Approves $800 Million Payout
The IMF executive board voted Thursday to approve a payout of almost $800 million for Argentina as it continues a program of drastic economic reforms under its libertarian president, Javier Milei.
-
IMF Approves Disbursal Of $1.1 Billion Loan Tranche To Pakistan: Report
The International Monetary Fund's (IMF) executive board has given the green light for a USD 1.1 billion loan tranche for Pakistan, signaling the conclusion of the second bailout package, ARY News reported.
-
Pakistan, IMF Reach Agreement Over $1.1 Billion Payment: Report
The International Monetary Fund on Wednesday said it had reached a staff level agreement with Pakistan, which if approved by its board, will disburse $1.1 billion for the indebted South Asian economy also saddled with a balance of payment crisis.
-
IMF Approves $700 Million Loan For Pakistan: Report
Amid the crippling economic woes in Pakistan, the Executive Board of the International Monetary Fund (IMF) completed its first review of the country's economic reform programme and allowed the immediate disbursement of USD 700 million.
-
IMF Approves $3 Billion Bailout For Pakistan
The International Monetary Fund's board approved a $3 billion bailout programme for Pakistan on Wednesday, the lender said, which will immediately disburse about $1.2 billion to help the South Asian country.
-
Pakistan Gets $1 Billion Deposit From UAE Ahead Of Key IMF Decision
Pakistan's state bank coffers were further boosted Wednesday by a $1 billion deposit from the United Arab Emirates, officials said, ahead of a key International Monetary Fund (IMF) board meeting to approve new funding.
-
Pakistan PM Hopeful For $3 Billion Bailout Approval From IMF
Pakistan's Prime Minister Shehbaz Sharif said on Wednesday he was hopeful that $3 billion short-term bailout from the International Monetary Fund would be approved by the multilateral lender's board when it meets on July 12.
-
IMF Hoping For Board Meet On Pak Before End Of Financing Program
The International Monetary Fund (IMF) remains in touch with Pakistan's authorities in order to pave the way for a board meeting before a financing program expires at the end of June, the IMF mission chief for Pakistan said.
-
Sri Lanka Hikes Power Prices By 275 Per Cent To Secure IMF Deal
Sri Lanka's electricity board hiked consumer rates by up to 275 percent, officials said Thursday, the second steep increase in months as the bankrupt island nation works to secure an IMF bailout.
-
IMF Eyes Expanded Access To Emergency Aid For Food Shocks: Report
The International Monetary Fund is looking for ways to provide emergency funding to countries facing war-induced food price shocks and will discuss measures at an executive board meeting on Monday, sources familiar with the matter told Reuters.
-
IMF Money To Arrive In Pakistan By August-End: Report
The International Monetary Fund (IMF) convened a meeting of its executive board on August 29 to approve a bailout package for cash-starved Pakistan, including disbursement of about USD 1.18 billion, before the close of the current month, a media report said on Saturday.
-
IMF Approves $1.4 Billion Emergency Support For Ukraine
The International Monetary Fund said its executive board on Wednesday approved $1.4 billion in emergency financing for Ukraine to help meet urgent spending needs and mitigate the economic impact of Russia's military invasion.
-
Salvadorans Show Support for Bitcoin Despite International Monetary Fund Criticism
Karen Hernandez sells mobile phone accessories in El Salvador and says business has been through the roof since the country started using Bitcoin as legal tender.
-
Focused On Global Challenges, Says IMF Head Georgieva After Receiving Board's Backing
The IMF executive board cleared Ms Georgieva, the fund's managing director, of wrongdoing in a World Bank data-rigging scandal that occurred while she was serving as chief executive
