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China, Saudi, UAE Agree To Roll Over Pak's $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan's $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout package later this month.
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Pakistan To Seek $6 Billion In New IMF Loan Program: Report
Pakistan plans to seek a new loan of at least $6 billion from the International Monetary Fund to help the incoming government repay billions in debt due this year, Bloomberg News reported on Thursday, citing a Pakistani official.
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Explained: How Bad Is Pakistan's Debt Crisis And Can It Be Saved
Negotiations on a new government in Pakistan have allayed immediate fears of instability in the nuclear-armed nation following inconclusive elections last week, but the risk of a full-scale economic crisis remains.
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IMF's Debt Dilemma Looms After Pak Election: Central Bank's Ex Governor
The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the country's debt situation, a former central bank governor of the South Asian nation said.
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Pak Politics Seen Key To Deliver On Last-Gasp $3 Billion IMF Bailout
Pakistan won vital breathing space from a potential debt default thanks to a draft agreement with the International Monetary Fund, but political stability will prove key to the South Asian economy in coming months.
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IMF And Pakistan Forge $3 Billion Stand-By Deal To Aid Economic Stability
Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth $3 billion announced by the IMF in Washington on Thursday.
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IMF Rejects Pakistan's Revised Circular Debt Management Plan: Report
The International Monetary Fund (IMF) review mission has rejected Pakistan's revised Circular Debt Management Plan (CDMP). It has called on the Pakistan government to increase the electricity tariff in the range of Pakistani Rupees
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Pakistan Needs To Mobilize Tax Revenue, Cut Debt, Says IMF
Pakistan needs to mobilize domestic tax revenue to ensure funds for social and development programs, while reducing debt, the acting director of the International Monetary Fund said on Sunday after a meeting with Pakistani Prime Minister Imran Khan.
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IMF Package For Pak Should Not Be Used To Repay Chinese Loans, Warns US
Amidst reports that the International Monetary Fund or IMF has reached a multi-billion dollar bailout package with cash-strapped Pakistan, the United States is seeking "conditionality" in the new financial aid from the global lender.
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Pakistan Received $6.5 Billion Loan From China In July-April: Report
For the first time Pakistan has disclosed that it has taken a total debt of $6.5 billion from China in the current financial year, which is equal to 75 per cent of the total foreign loans of $8.6 billion the cash-strapped country received during the period.
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Pakistan To Get $6 Billion From IMF Over Next Three Years: Official
Pakistan will get $6 billion from the IMF over the next three years to meet its foreign debt obligations, the country's advisor on finance said on state television after an signing the agreement.
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IMF May Delay Bailout Package To Cash-Strapped Pakistan: Report
The IMF's bailout package to cash-strapped Pakistan could be delayed as the global lender is pressing it to be transparent on the CPEC project and wants a written guarantee from Islamabad that its assistance will not be used to repay the loans to China, a media report said on Monday.
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Imran Khan To Meet IMF Chief Christine Lagarde For Talks On Bailout
Pakistani Prime Minister Imran Khan will meet International Monetary Fund (IMF) chief Christine Lagarde in Dubai on Sunday for talks on issues which have held up bailout negotiations, a Pakistani minister said on Saturday.
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China To Provide $2.5 Billion Loan To Pak To Boost Foreign Reserves
China will provide USD 2.5 billion in loans to Pakistan to boost the foreign exchange reserves of its "all-weather ally", a media report said Saturday.
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IMF To Check Pak's Debt Sustainability Before Giving Loan: Top Official
The IMF will conduct a proper debt sustainability analysis of Pakistan before granting it any loan, a senior official has said, amid concerns that Islamabad is seeking a multi-billion dollar bailout package from the global financial body to pay back Chinese creditors.
-
China, Saudi, UAE Agree To Roll Over Pak's $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan's $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout package later this month.
-
Pakistan To Seek $6 Billion In New IMF Loan Program: Report
Pakistan plans to seek a new loan of at least $6 billion from the International Monetary Fund to help the incoming government repay billions in debt due this year, Bloomberg News reported on Thursday, citing a Pakistani official.
-
Explained: How Bad Is Pakistan's Debt Crisis And Can It Be Saved
Negotiations on a new government in Pakistan have allayed immediate fears of instability in the nuclear-armed nation following inconclusive elections last week, but the risk of a full-scale economic crisis remains.
-
IMF's Debt Dilemma Looms After Pak Election: Central Bank's Ex Governor
The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the country's debt situation, a former central bank governor of the South Asian nation said.
-
Pak Politics Seen Key To Deliver On Last-Gasp $3 Billion IMF Bailout
Pakistan won vital breathing space from a potential debt default thanks to a draft agreement with the International Monetary Fund, but political stability will prove key to the South Asian economy in coming months.
-
IMF And Pakistan Forge $3 Billion Stand-By Deal To Aid Economic Stability
Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth $3 billion announced by the IMF in Washington on Thursday.
-
IMF Rejects Pakistan's Revised Circular Debt Management Plan: Report
The International Monetary Fund (IMF) review mission has rejected Pakistan's revised Circular Debt Management Plan (CDMP). It has called on the Pakistan government to increase the electricity tariff in the range of Pakistani Rupees
-
Pakistan Needs To Mobilize Tax Revenue, Cut Debt, Says IMF
Pakistan needs to mobilize domestic tax revenue to ensure funds for social and development programs, while reducing debt, the acting director of the International Monetary Fund said on Sunday after a meeting with Pakistani Prime Minister Imran Khan.
-
IMF Package For Pak Should Not Be Used To Repay Chinese Loans, Warns US
Amidst reports that the International Monetary Fund or IMF has reached a multi-billion dollar bailout package with cash-strapped Pakistan, the United States is seeking "conditionality" in the new financial aid from the global lender.
-
Pakistan Received $6.5 Billion Loan From China In July-April: Report
For the first time Pakistan has disclosed that it has taken a total debt of $6.5 billion from China in the current financial year, which is equal to 75 per cent of the total foreign loans of $8.6 billion the cash-strapped country received during the period.
-
Pakistan To Get $6 Billion From IMF Over Next Three Years: Official
Pakistan will get $6 billion from the IMF over the next three years to meet its foreign debt obligations, the country's advisor on finance said on state television after an signing the agreement.
-
IMF May Delay Bailout Package To Cash-Strapped Pakistan: Report
The IMF's bailout package to cash-strapped Pakistan could be delayed as the global lender is pressing it to be transparent on the CPEC project and wants a written guarantee from Islamabad that its assistance will not be used to repay the loans to China, a media report said on Monday.
-
Imran Khan To Meet IMF Chief Christine Lagarde For Talks On Bailout
Pakistani Prime Minister Imran Khan will meet International Monetary Fund (IMF) chief Christine Lagarde in Dubai on Sunday for talks on issues which have held up bailout negotiations, a Pakistani minister said on Saturday.
-
China To Provide $2.5 Billion Loan To Pak To Boost Foreign Reserves
China will provide USD 2.5 billion in loans to Pakistan to boost the foreign exchange reserves of its "all-weather ally", a media report said Saturday.
-
IMF To Check Pak's Debt Sustainability Before Giving Loan: Top Official
The IMF will conduct a proper debt sustainability analysis of Pakistan before granting it any loan, a senior official has said, amid concerns that Islamabad is seeking a multi-billion dollar bailout package from the global financial body to pay back Chinese creditors.
