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IMF Agrees On New $1.3 Billion Loan Program For Pakistan
The IMF said Tuesday it has reached agreement with Pakistan on a new $1.3 billion loan program and reviewed an existing bailout that would, if approved, unlock an additional $1 billion.
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"Would Have Given More Money Than IMF If...": Rajnath Singh's Jibe At Pak
Defence Minister Rajnath Singh on Sunday said that the assembly elections in Jammu and Kashmir is not just any ordinary election, but it is a demonstration of India's democracy and its strength.
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Cash-Strapped Pak Cuts 150,000 Jobs, Dissolves 6 Ministries As Part Of IMF Deal
In an effort to minimise administrative expenditures, cash-strapped Pakistan on Sunday announced to abolish about 150,000 government posts, close six ministries, and merge two others, as part of reforms agreed upon with the IMF under USD 7 billion lo
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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 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 Doubts Cash-Strapped Pakistan Will Be Able To Pay Back Loan
The IMF has said that Pakistan faces major debt-repayment challenges and expressed serious doubts over the cash-strapped country's capacity to repay the global lender, according to a media report on Saturday.
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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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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 Proposes Cash-Strapped Pak To Adopt Austerity In New Projects: Report
The International Monetary Fund (IMF) has reportedly proposed tight austerity conditions in Pakistan's development budget and expressed concern over the allocation of funds for new projects in the current financial year, ARY News reported.
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Pakistan Facing "Exceptionally High" Economic Risks, Says IMF
Beyond the upcoming election cycle and the current standby agreement, Pakistan needs another International Monetary Fund (IMF) program and assistance from other multilateral lenders, the lender stated in a report released on Tuesday.
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Cash-Strapped Pakistan Lost Over $8 Billion In Remittances, Exports In FY23: Report
Due to a lack of attention to these two big inflows, Pakistan lost considerably more than it received from IMF borrowings and inflows from other sources.
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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 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 Agrees On New $1.3 Billion Loan Program For Pakistan
The IMF said Tuesday it has reached agreement with Pakistan on a new $1.3 billion loan program and reviewed an existing bailout that would, if approved, unlock an additional $1 billion.
-
"Would Have Given More Money Than IMF If...": Rajnath Singh's Jibe At Pak
Defence Minister Rajnath Singh on Sunday said that the assembly elections in Jammu and Kashmir is not just any ordinary election, but it is a demonstration of India's democracy and its strength.
-
Cash-Strapped Pak Cuts 150,000 Jobs, Dissolves 6 Ministries As Part Of IMF Deal
In an effort to minimise administrative expenditures, cash-strapped Pakistan on Sunday announced to abolish about 150,000 government posts, close six ministries, and merge two others, as part of reforms agreed upon with the IMF under USD 7 billion lo
-
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 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 Doubts Cash-Strapped Pakistan Will Be Able To Pay Back Loan
The IMF has said that Pakistan faces major debt-repayment challenges and expressed serious doubts over the cash-strapped country's capacity to repay the global lender, according to a media report on Saturday.
-
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.
-
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 Proposes Cash-Strapped Pak To Adopt Austerity In New Projects: Report
The International Monetary Fund (IMF) has reportedly proposed tight austerity conditions in Pakistan's development budget and expressed concern over the allocation of funds for new projects in the current financial year, ARY News reported.
-
Pakistan Facing "Exceptionally High" Economic Risks, Says IMF
Beyond the upcoming election cycle and the current standby agreement, Pakistan needs another International Monetary Fund (IMF) program and assistance from other multilateral lenders, the lender stated in a report released on Tuesday.
-
Cash-Strapped Pakistan Lost Over $8 Billion In Remittances, Exports In FY23: Report
Due to a lack of attention to these two big inflows, Pakistan lost considerably more than it received from IMF borrowings and inflows from other sources.
-
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 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.
