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Pakistan Braces For "Transitional Pain" As IMF Approves $7 Billion Loan
Pakistan said Thursday it would have to go through "transitional pain" after the International Monetary Fund agreed to a new relief package of $7 billion to bolster its faltering economy.
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Pakistan In Talks With IMF For 24th 'Longer And Larger' Bailout: Report
The International Monetary Fund (IMF) confirmed that the talks with Pakistan are underway on the 24th 'longer and larger' bailout programme under the Extended Fund Facility (EFF), reported ARY News.
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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 Needs Another IMF Loan For Stability, Says PM Shehbaz Sharif
The prime minister said that Pakistan government is compelled to enter into a new IMF deal for the purpose of stability.
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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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Presidential Immunity Invoked For Pak President Asaf Ali Zardari In Corruption Case
Pakistan President Asif Ali Zardari's counsels on Tuesday invoked presidential immunity for him in a corruption case, commonly known as the Park Lane reference, in which he is accused of influencing authorities to release loans to front companies.
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Pakistan Says Conditions For Next $1.2 Billion IMF Loan Tranche Met: Report
Pakistan has met the IMF's benchmarks for maintaining the status quo in the energy sector - in an outcome that may help to get the next loan tranche of USD 1.2 billion, officials said, ahead of the visit of the global lender's review mission to the c
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Jailed Imran Khan Writes To IMF, Seeks Election Audit Before New Loan
Imran Khan confirmed on Friday that he had sent a letter to the International Monetary Fund (IMF) demanding that it hold an audit of the election results before approving any new loan for Islamabad, The News International reported.
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Pakistan Secures Final IMF Approval For $700 Million Loan Ahead Of Polls
Pakistan won final approval for the disbursement of about $700 million in aid from the International Monetary Fund, providing a boost to the embattled South Asian economy ahead of elections next month.
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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 Revises Pakistan's Foreign Loan Requirement To $25 Billion: Report
The IMF has revised down Pakistan's foreign loan requirements to USD 25 billion for the ongoing fiscal year -- reducing it by USD 3.4 billion in a big relief for its cash-starved economy, according to a media report on Saturday.
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98% Of China Funding To Pakistan Were In "Less-Than-Generous" Loans: Report
As much as 98 per cent of China's development funding for its all-weather ally Pakistan came in the form of "less-than-generous loans", with only two per cent coming in the form of grants between 2000 and 2021, according to a research report.
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IMF Says $3 Billion Loan Will Help Pakistan Stabilise Ailing Economy
The IMF has said that the recently approved USD 3 billion loan programme will provide much-needed relief for Pakistan as it would anchor the cash-starved country's immediate efforts to stabilise its economy and ensure that the current balance of
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IMF Gives Approval For $3 Billion Stand-By Arrangement For Pakistan
In a relief to the cash-strapped country, International Monetary Fund (IMF) on Wednesday approved a 9-month Stand-By arrangement for Pakistan to support the country's economic stabilization program, Pakistan-based Geo News reported.
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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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Pakistan Braces For "Transitional Pain" As IMF Approves $7 Billion Loan
Pakistan said Thursday it would have to go through "transitional pain" after the International Monetary Fund agreed to a new relief package of $7 billion to bolster its faltering economy.
-
Pakistan In Talks With IMF For 24th 'Longer And Larger' Bailout: Report
The International Monetary Fund (IMF) confirmed that the talks with Pakistan are underway on the 24th 'longer and larger' bailout programme under the Extended Fund Facility (EFF), reported ARY News.
-
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 Needs Another IMF Loan For Stability, Says PM Shehbaz Sharif
The prime minister said that Pakistan government is compelled to enter into a new IMF deal for the purpose of stability.
-
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.
-
Presidential Immunity Invoked For Pak President Asaf Ali Zardari In Corruption Case
Pakistan President Asif Ali Zardari's counsels on Tuesday invoked presidential immunity for him in a corruption case, commonly known as the Park Lane reference, in which he is accused of influencing authorities to release loans to front companies.
-
Pakistan Says Conditions For Next $1.2 Billion IMF Loan Tranche Met: Report
Pakistan has met the IMF's benchmarks for maintaining the status quo in the energy sector - in an outcome that may help to get the next loan tranche of USD 1.2 billion, officials said, ahead of the visit of the global lender's review mission to the c
-
Jailed Imran Khan Writes To IMF, Seeks Election Audit Before New Loan
Imran Khan confirmed on Friday that he had sent a letter to the International Monetary Fund (IMF) demanding that it hold an audit of the election results before approving any new loan for Islamabad, The News International reported.
-
Pakistan Secures Final IMF Approval For $700 Million Loan Ahead Of Polls
Pakistan won final approval for the disbursement of about $700 million in aid from the International Monetary Fund, providing a boost to the embattled South Asian economy ahead of elections next month.
-
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 Revises Pakistan's Foreign Loan Requirement To $25 Billion: Report
The IMF has revised down Pakistan's foreign loan requirements to USD 25 billion for the ongoing fiscal year -- reducing it by USD 3.4 billion in a big relief for its cash-starved economy, according to a media report on Saturday.
-
98% Of China Funding To Pakistan Were In "Less-Than-Generous" Loans: Report
As much as 98 per cent of China's development funding for its all-weather ally Pakistan came in the form of "less-than-generous loans", with only two per cent coming in the form of grants between 2000 and 2021, according to a research report.
-
IMF Says $3 Billion Loan Will Help Pakistan Stabilise Ailing Economy
The IMF has said that the recently approved USD 3 billion loan programme will provide much-needed relief for Pakistan as it would anchor the cash-starved country's immediate efforts to stabilise its economy and ensure that the current balance of
-
IMF Gives Approval For $3 Billion Stand-By Arrangement For Pakistan
In a relief to the cash-strapped country, International Monetary Fund (IMF) on Wednesday approved a 9-month Stand-By arrangement for Pakistan to support the country's economic stabilization program, Pakistan-based Geo News reported.
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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.
